Restore (LON:RST) Announces Earnings Results

Restore (LON:RST) released its earnings results on Tuesday. The company reported GBX 3.60 earnings per share for the quarter, Digital Look Earnings reports. Restore had a net margin of 0.43% and a return on equity of 0.58%.

Restore Price Performance

Restore stock opened at GBX 290 on Wednesday. Restore has a 12-month low of GBX 222 and a 12-month high of GBX 355. The stock has a market cap of £385.69 million, a P/E ratio of -61.70, a PEG ratio of 0.41 and a beta of 0.11. The company has a 50-day moving average price of GBX 264.95 and a 200 day moving average price of GBX 258.22. The company has a current ratio of 0.93, a quick ratio of 1.28 and a debt-to-equity ratio of 118.39.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on RST shares. Canaccord Genuity Group restated a “buy” rating and issued a GBX 435 price target on shares of Restore in a research report on Tuesday. Berenberg Bank lifted their price objective on Restore from GBX 380 to GBX 430 and gave the stock a “buy” rating in a research report on Tuesday. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Restore has an average rating of “Buy” and a consensus price target of GBX 432.50.

More Restore News

Here are the key news stories impacting Restore this week:

• Positive Sentiment: Restore reported first-half revenue of £175.4 million, up 21% year over year, with double-digit growth, higher adjusted profits and strong cash generation. Management also increased the dividend, reinforcing the positive earnings and shareholder-return outlook. Restore first-half results
• Positive Sentiment: The results and earnings call indicated continued operational momentum and management confidence, with growth and cash conversion helping support the investment case. Restore reports higher first-half profit
• Positive Sentiment: Broker sentiment strengthened after the results. Canaccord Genuity reaffirmed its Buy rating with a GBX 435 target, while Berenberg raised its target from GBX 380 to GBX 430 and also maintained a Buy rating. These targets imply substantial upside relative to recent trading levels. Broker recommendations
• Neutral Sentiment: Restore announced that CFO Dan Baker will become CEO from 1 January 2027. The internal succession should provide continuity, although investors may monitor execution during the leadership transition. Restore leadership succession

Insiders Place Their Bets

In other Restore news, insider Dan Baker sold 55,795 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of GBX 261, for a total value of £145,624.95. 16.32% of the stock is owned by insiders.

Restore Company Profile

We provide secure and sustainable business services for data, information, communications and assets.

Restore plc leads the markets it serves. Supporting public and private sectors with critical services, income is highly predictable, recurring in nature and generates strong cashflows. We provide integrated information and data management, business digitisation, secure recycling of paper and technology assets, and commercial relocation solutions.

The Group has over 75 sites providing national scale with local service.