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

Rolls-Royce Holdings plc (LON:RR) issued its quarterly earnings data on Thursday. The company reported GBX 29.55 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 Trading Down 1.4%

Shares of RR opened at GBX 1,333.50 on Friday. Rolls-Royce Holdings plc has a twelve month low of GBX 196.45 and a twelve month high of GBX 537.20. The firm has a market capitalization of £114.37 billion, a P/E ratio of 48.61, a PEG ratio of 0.55 and a beta of 1.82. The firm’s 50-day moving average is GBX 1,242.22 and its two-hundred day moving average is GBX 1,155.84.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the company a “buy” rating in a research note on Monday, February 2nd. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 1,244.

Insider Buying and Selling at Rolls-Royce Holdings plc

In other news, insider Wendy Mars bought 147 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were bought at an average cost of GBX 1,242 per share, for a total transaction of £1,825.74. Also, insider Birgit Behrendt bought 89 shares of the stock in a transaction on Monday, February 9th. The stock was purchased at an average cost of GBX 1,242 per share, for a total transaction of £1,105.38. Over the last three months, insiders have bought 2,922 shares of company stock worth $3,895,082 and have sold 13,655 shares worth $16,352,876. Insiders own 0.04% of the company’s stock.

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.