Restore (LON:RST) Insider Richard Staveley Acquires 5,812 Shares of Stock

Restore plc (LON:RST) insider Richard Staveley purchased 5,812 shares of the business’s stock in a transaction dated Monday, October 26th. The shares were acquired at an average cost of GBX 312 per share, for a total transaction of £18,133.44.

Richard Staveley also recently made the following trade(s):

• On Monday, October 26th, Richard Staveley purchased 4,835 shares of Restore stock. The shares were acquired at an average cost of GBX 310 per share, for a total transaction of £14,988.50.
• On Monday, October 26th, Richard Staveley purchased 5,343 shares of Restore stock. The shares were purchased at an average price of GBX 310 per share, for a total transaction of £16,563.30.

Restore Price Performance

LON:RST opened at GBX 313.60 on Monday. The business’s 50-day moving average price is GBX 301.71 and its 200 day moving average price is GBX 279.29. The firm has a market cap of £412.47 million, a P/E ratio of -59.17, a PEG ratio of 0.41 and a beta of 0.12. The company has a quick ratio of 1.28, a current ratio of 0.87 and a debt-to-equity ratio of 123.00. Restore plc has a 52-week low of GBX 222 and a 52-week high of GBX 316.50.

Restore (LON:RST) last released its earnings results on Tuesday, July 28th. The company reported GBX 3.60 EPS for the quarter. Restore had a net margin of 0.87% and a return on equity of 1.30%. As a group, sell-side analysts predict that Restore plc will post 20.50 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

RST has been the topic of several recent analyst reports. Berenberg Bank boosted their price objective on Restore from GBX 380 to GBX 430 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 435 target price on shares of Restore in a research report on Tuesday, July 28th. Two investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of GBX 432.50.

About Restore

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.