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

Rolls-Royce Holdings plc (LON:RR) released its quarterly earnings data on Thursday. The company reported GBX 20.29 ($0.26) EPS for the quarter, Digital Look Earnings reports. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%.

Rolls-Royce Holdings plc Price Performance

Shares of Rolls-Royce Holdings plc stock traded up GBX 100.60 ($1.27) during trading hours on Friday, hitting GBX 731.60 ($9.22). The company’s stock had a trading volume of 141,269,937 shares. The company has a market capitalization of £62.75 billion, a PE ratio of 26.67, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 ($2.48) and a 12 month high of GBX 537.20 ($6.77). The stock has a 50 day moving average of GBX 594.85 and a 200 day moving average of GBX 554.08.

Analyst Upgrades and Downgrades

RR has been the subject of several recent analyst reports. Shore Capital restated a “buy” rating on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 655 ($8.26) price target on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 631.25 ($7.96).

Insider Buying and Selling

In other news, insider Tufan Erginbilgic sold 12,969 shares of the company’s stock in a transaction on Monday, January 27th. The stock was sold at an average price of GBX 588 ($7.41), for a total transaction of £76,257.72 ($96,115.10). Also, insider Wendy Mars purchased 303 shares of the stock in a transaction dated Friday, February 7th. The shares were acquired at an average cost of GBX 603 ($7.60) per share, with a total value of £1,827.09 ($2,302.86). Over the last three months, insiders bought 7,069 shares of company stock worth $5,158,221. 0.04% of the stock is owned by corporate insiders.

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.