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

Rolls-Royce Holdings plc (LON:RR) posted its quarterly earnings results on Thursday. The company reported GBX 22.17 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Rolls-Royce Holdings plc had a net margin of 27.54% and a return on equity of 227.54%.

Rolls-Royce Holdings plc Price Performance

LON RR opened at GBX 1,463 on Friday. The company’s 50 day simple moving average is GBX 1,362.77 and its two-hundred day simple moving average is GBX 1,281.22. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 and a 1 year high of GBX 537.20. The stock has a market capitalization of £125.47 billion, a PE ratio of 53.33, a P/E/G ratio of 0.55 and a beta of 1.20.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Rolls-Royce Holdings plc from GBX 1,500 to GBX 1,625 and gave the company an “overweight” rating in a research note on Monday, June 29th. Berenberg Bank increased their target price on Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the stock a “buy” rating in a research report on Friday, June 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,325 price target on shares of Rolls-Royce Holdings plc in a report on Friday. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,870 price target on shares of Rolls-Royce Holdings plc in a research report on Friday. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Rolls-Royce Holdings plc presently has an average rating of “Moderate Buy” and an average target price of GBX 1,470.20.

Insider Buying and Selling

In related news, insider Tufan Erginbilgic sold 3,516 shares of Rolls-Royce Holdings plc stock in a transaction on Thursday, May 28th. The stock was sold at an average price of GBX 1,303, for a total transaction of £45,813.48. Also, insider Birgit Behrendt bought 74 shares of Rolls-Royce Holdings plc stock in a transaction that occurred on Tuesday, July 7th. The shares were acquired at an average price of GBX 1,483 per share, with a total value of £1,097.42. Insiders have bought a total of 4,549 shares of company stock valued at $6,078,970 in the last ninety days. 0.04% of the stock is owned by 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. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.