The Rank Group (LON:RNK) Reaches New 12-Month Low - What's Next?

Key Points

• The Rank Group shares fell to a new 52-week low of GBX 73.71 before recovering slightly to GBX 75.30, well below their 50-day and 200-day moving averages near GBX 96.50.
• Analysts maintain a mixed but generally positive outlook: the stock has a “Moderate Buy” consensus rating and a GBX 147 target price, compared with its current price near GBX 75.
• Insiders recently bought shares at GBX 75, including purchases by Christian Nothhaft and John H. Ott, while the company reported quarterly EPS of GBX 10.50 and a 3.58% net margin.

Shares of The Rank Group Plc (LON:RNK - Get Free Report) reached a new 52-week low during trading on Tuesday. The stock traded as low as GBX 73.71 and last traded at GBX 75.30, with a volume of 2734919 shares. The stock had previously closed at GBX 74.30.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on RNK shares. Peel Hunt reaffirmed a "buy" rating and issued a GBX 175 price objective on shares of The Rank Group in a research note on Monday, July 13th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of The Rank Group from GBX 111 to GBX 119 and gave the stock a "hold" rating in a research report on Thursday, August 13th. Finally, Shore Capital Group restated a "house stock" rating on shares of The Rank Group in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 147.

The Rank Group Stock Up 1.3%

The stock has a market cap of £350.62 million, a P/E ratio of 11.95, a P/E/G ratio of 1.75 and a beta of 1.58. The company has a quick ratio of 0.65, a current ratio of 0.49 and a debt-to-equity ratio of 60.83. The company has a 50-day simple moving average of GBX 96.47 and a two-hundred day simple moving average of GBX 96.51.

The Rank Group (LON:RNK - Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported GBX 10.50 earnings per share (EPS) for the quarter. The Rank Group had a net margin of 3.58% and a return on equity of 7.83%. On average, equities analysts forecast that The Rank Group Plc will post 7.5021608 EPS for the current year.

Insider Transactions at The Rank Group

In other news, insider Christian Nothhaft acquired 40,000 shares of the stock in a transaction dated Tuesday, September 29th. The stock was purchased at an average cost of GBX 75 per share, with a total value of £30,000. Also, insider John H. Ott bought 13,151 shares of the company's stock in a transaction dated Monday, September 28th. The shares were purchased at an average price of GBX 75 per share, with a total value of £9,863.25. 0.51% of the stock is currently owned by insiders.

About The Rank Group

The Rank Group Plc has been entertaining Britain since 1937, from its origins in motion pictures to today's gaming based entertainment brands. Over the course of more than three-quarters of a century, the Group has entertained many millions of customers in Britain and around the world. The Group's story is one of iconic brands and talented people with a mission to entertain.

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