Rightmove (LON:RMV) Issues Earnings Results

Rightmove (LON:RMV) released its quarterly earnings data on Friday. The company reported GBX 12.80 ($0.16) EPS for the quarter, reports. Rightmove had a net margin of 52.69% and a return on equity of 293.54%.

Rightmove Stock Performance

RMV stock opened at GBX 671 ($8.44) on Friday. The company has a debt-to-equity ratio of 10.15, a quick ratio of 2.55 and a current ratio of 1.83. The stock has a market capitalization of £5.23 billion, a price-to-earnings ratio of 26.91, a PEG ratio of 2.58 and a beta of 1.05. Rightmove has a 1 year low of GBX 499.20 ($6.28) and a 1 year high of GBX 710 ($8.93). The stock’s fifty day moving average is GBX 654 and its two-hundred day moving average is GBX 632.98.

Wall Street Analyst Weigh In

A number of equities analysts have commented on RMV shares. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Rightmove in a report on Thursday, December 5th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 775 ($9.75) price objective on shares of Rightmove in a report on Friday, November 8th. Finally, Shore Capital reiterated a “buy” rating on shares of Rightmove in a research note on Friday, November 8th.

Rightmove Company Profile

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.