Rolls-Royce Holdings plc (LON:RR) Issues Earnings Results

Rolls-Royce Holdings plc (LON:RR) posted its earnings results on Thursday. The company reported GBX 22.17 earnings per share for the quarter, Digital Look Earnings reports. Rolls-Royce Holdings plc had a net margin of 27.54% and a return on equity of 227.54%.

Rolls-Royce Holdings plc Stock Performance

LON RR traded down GBX 39.40 on Thursday, hitting GBX 1,380. The stock had a trading volume of 14,458,288 shares. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 and a 52-week high of GBX 537.20. The company has a market capitalization of £118.35 billion, a price-to-earnings ratio of 50.31, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20. The firm has a 50-day moving average of GBX 1,359.66 and a 200-day moving average of GBX 1,280.46.

Insider Buying and Selling at Rolls-Royce Holdings plc

In other news, insider Helen McCabe sold 1,359 shares of Rolls-Royce Holdings plc stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of GBX 1,303, for a total transaction of £17,707.77. Also, insider Tufan Erginbilgic sold 3,516 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of GBX 1,303, for a total value of £45,813.48. Insiders bought 2,837 shares of company stock valued at $3,598,282 over the last 90 days. Insiders own 0.04% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on RR. JPMorgan Chase & Co. upped their price target on shares of Rolls-Royce Holdings plc from GBX 1,500 to GBX 1,625 and gave the company an “overweight” rating in a research note on Monday, June 29th. Berenberg Bank lifted their price objective on shares of Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the company a “buy” rating in a research note on Friday, June 12th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 1,530 target price on shares of Rolls-Royce Holdings plc in a report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,447.20.

About Rolls-Royce Holdings plc

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.