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

Rolls-Royce Holdings plc (LON:RR) released its earnings results on Thursday. The company reported GBX 20.29 ($0.26) earnings per share 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 Stock Performance

RR traded up GBX 100.60 ($1.27) on Friday, reaching GBX 731.60 ($9.22). The company had a trading volume of 141,269,937 shares. The stock has a market cap of £62.75 billion, a P/E ratio of 26.67, a P/E/G ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a fifty-two week low of GBX 196.45 ($2.48) and a fifty-two week high of GBX 537.20 ($6.77). The company’s fifty day moving average is GBX 594.85 and its 200 day moving average is GBX 554.08.

Analyst Upgrades and Downgrades

Several research firms have commented on RR. Shore Capital reissued a “buy” rating on shares of Rolls-Royce Holdings plc in a research 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 research report on Thursday, November 7th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 631.25 ($7.96).

Insider Transactions at Rolls-Royce Holdings plc

In other Rolls-Royce Holdings plc news, insider Angela Strank purchased 6,740 shares of the firm’s stock in a transaction dated Thursday, February 27th. The shares were bought at an average price of GBX 736 ($9.28) per share, for a total transaction of £49,606.40 ($62,523.82). Also, insider Tufan Erginbilgic sold 12,969 shares of the business’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). Over the last 90 days, insiders bought 7,069 shares of company stock valued at $5,158,221. 0.04% of the stock is currently owned by corporate insiders.

Rolls-Royce Holdings plc Company Profile

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.