Robert Walters (LON:RWA) Shares Down 8.9% – Here’s What Happened

Shares of Robert Walters plc (LON:RWA) dropped 8.9% during trading on Tuesday . The company traded as low as GBX 127.50 and last traded at GBX 128. Approximately 118,854 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 139,306 shares. The stock had previously closed at GBX 140.50.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 100 target price on shares of Robert Walters in a report on Thursday, April 16th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 100.

Robert Walters Price Performance

The company has a debt-to-equity ratio of 82.10, a current ratio of 1.25 and a quick ratio of 1.52. The stock’s fifty day moving average is GBX 97.54 and its 200-day moving average is GBX 100.48. The stock has a market cap of £84.20 million, a PE ratio of -3.41, a price-to-earnings-growth ratio of 0.08 and a beta of 0.80.

Robert Walters (LON:RWA) last issued its earnings results on Thursday, July 30th. The company reported GBX (13.80) EPS for the quarter. Robert Walters had a negative return on equity of 25.40% and a negative net margin of 3.04%. As a group, equities analysts anticipate that Robert Walters plc will post 61.5448447 EPS for the current year.

Robert Walters Company Profile

Established in 1985, Robert Walters is a global talent solutions business operating in 31 countries across the globe. We support organisations to build high-performing teams, and help professionals to grow meaningful careers. Our client base ranges from the world’s leading blue-chip corporates through to SMEs and start-ups.

We deliver three core services:

• Specialist recruitment – encompassing permanent and temporary recruitment, executive search and interim management.
• Recruitment outsourcing – enabling organisations to transfer all, or part of, their recruitment needs to us either through recruitment process outsourcing (RPO) or contingent workforce solutions (CWS).
• Talent Advisory – supporting the growth of organisations through market intelligence, talent development, and future of work consultancy.

Our employees are passionate about powering people and organisations to fulfil their unique potential.