Restore (LON:RST) Announces Earnings Results

Restore (LON:RST) announced its quarterly earnings results on Thursday. The company reported GBX 19 ($0.25) earnings per share for the quarter, Digital Look Earnings reports. Restore had a return on equity of 1.64% and a net margin of 1.37%.

Restore Trading Up 1.6 %

RST opened at GBX 228.50 ($2.96) on Friday. The stock has a market capitalization of £306.83 million, a PE ratio of 80.38, a PEG ratio of 0.41 and a beta of 0.57. The company has a current ratio of 1.07, a quick ratio of 1.28 and a debt-to-equity ratio of 100.35. The firm has a 50-day moving average price of GBX 222.72 and a two-hundred day moving average price of GBX 245.44. Restore has a 1-year low of GBX 210 ($2.72) and a 1-year high of GBX 295.88 ($3.83).

Insider Buying and Selling at Restore

In related news, insider Charles Skinner acquired 44,438 shares of the firm’s stock in a transaction on Thursday, March 13th. The shares were purchased at an average cost of GBX 225 ($2.91) per share, for a total transaction of £99,985.50 ($129,514.90). Corporate insiders own 15.23% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on RST. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 380 ($4.92) price target on shares of Restore in a research report on Thursday, November 21st. Canaccord Genuity Group increased their price objective on Restore from GBX 380 ($4.92) to GBX 400 ($5.18) and gave the stock a “buy” rating in a research note on Thursday.

Restore Company Profile

Restore plc, together with its subsidiaries, provides services to offices and workplaces in the public and private sectors primarily in the United Kingdom. The company operates through two segments, Digital & Information Management, and Secure Lifecycle Services. The company provides document management and recycling; document storage and retrieval; physical, seasonal, and on-site document scanning and IT; relocation; document collection and destruction services; data destruction and recycling of all types of IT assets, such as laptops, servers, and network equipment; recycling electrical waste; software imaging, physical installation, and asset tagging; and hardware and software upgrades and decommissioning solutions through repurposing, recycling, or destruction.