Robert Walters (LON:RWA) Trading 11.6% Higher – Still a Buy?

Robert Walters plc (LON:RWA) shares shot up 11.6% during mid-day trading on Tuesday . The stock traded as high as GBX 125 and last traded at GBX 125. Approximately 231,712 shares were traded during trading, an increase of 67% from the average daily volume of 138,550 shares. The stock had previously closed at GBX 112.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 100 price target on shares of Robert Walters in a report on Thursday, April 16th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Robert Walters presently has an average rating of “Hold” and an average price target of GBX 100.

Robert Walters Stock Down 1.2%

The business has a fifty day simple moving average of GBX 92.12 and a two-hundred day simple moving average of GBX 101.05. The company has a market capitalization of £78.28 million, a price-to-earnings ratio of -2.92, a P/E/G ratio of 0.08 and a beta of 0.80. The company has a quick ratio of 1.52, a current ratio of 1.28 and a debt-to-equity ratio of 89.82.

Robert Walters (LON:RWA) last released its quarterly earnings data on Thursday, July 30th. The company reported GBX (13.80) earnings per share (EPS) for the quarter. Robert Walters had a negative return on equity of 24.67% and a negative net margin of 3.43%. Equities analysts expect that Robert Walters plc will post 61.5448447 EPS for the current year.

Insider Buying and Selling

In related news, insider Leslie Van de Walle acquired 30,000 shares of the stock in a transaction on Friday, May 1st. The stock was purchased at an average price of GBX 94 per share, for a total transaction of £28,200. Also, insider Andrew Rashbass purchased 21,739 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was bought at an average cost of GBX 92 per share, with a total value of £19,999.88. 3.90% of the stock is owned by corporate insiders.

About Robert Walters

Established in 1985, Robert Walters is a global talent solutions business operating in 31 countries across the globe. We support organisations to build high-performing teams, and help professionals to grow meaningful careers. Our client base ranges from the world’s leading blue-chip corporates through to SMEs and start-ups.

We deliver three core services:

• Specialist recruitment – encompassing permanent and temporary recruitment, executive search and interim management.
• Recruitment outsourcing – enabling organisations to transfer all, or part of, their recruitment needs to us either through recruitment process outsourcing (RPO) or contingent workforce solutions (CWS).
• Talent Advisory – supporting the growth of organisations through market intelligence, talent development, and future of work consultancy.

Our employees are passionate about powering people and organisations to fulfil their unique potential.