Renew (LON:RNWH) Posts Earnings Results

Renew (LON:RNWHGet Free Report) announced its earnings results on Tuesday. The company reported GBX 30.90 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Renew had a net margin of 4.52% and a return on equity of 21.11%. The firm had revenue of £574.29 million for the quarter.

Renew Trading Down 0.3%

Renew stock traded down GBX 3 during trading hours on Tuesday, hitting GBX 913. The company had a trading volume of 223,801 shares, compared to its average volume of 313,623. The company has a 50-day moving average price of GBX 904.03 and a two-hundred day moving average price of GBX 911.73. The company has a debt-to-equity ratio of 11.50, a quick ratio of 0.81 and a current ratio of 0.88. Renew has a 1 year low of GBX 772 and a 1 year high of GBX 978. The firm has a market cap of £722.77 million, a P/E ratio of 14.81 and a beta of 0.78.

Wall Street Analyst Weigh In

RNWH has been the topic of several analyst reports. Berenberg Bank reissued a “buy” rating and set a GBX 1,320 price objective on shares of Renew in a research note on Wednesday, April 1st. Shore Capital Group reiterated a “buy” rating and issued a GBX 850 target price (down from GBX 1,350) on shares of Renew in a report on Wednesday, April 1st. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 1,172.50.

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Earnings History for Renew (LON:RNWH)

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