Restore (LON:RST) Announces Earnings Results

Key Points

• Restore (LON:RST) reported an earnings per share (EPS) of GBX 10 ($0.13) for the quarter, with a return on equity of 1.64% and a net margin of 1.37%.
• The company's stock opened at GBX 258.30 ($3.45) with a fifty-two week trading range between GBX 207 ($2.77) and GBX 290 ($3.87).
• Insider Dan Baker purchased 1,000 shares at an average price of GBX 249 ($3.33), indicating confidence from company insiders, who own 15.23% of the stock.

Restore (LON:RST - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported GBX 10 ($0.13) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Restore had a return on equity of 1.64% and a net margin of 1.37%.

Restore Stock Down 0.9%

LON RST traded down GBX 2.50 ($0.03) on Friday, hitting GBX 265 ($3.52). The stock had a trading volume of 97,270 shares, compared to its average volume of 381,654. The stock has a market cap of £355.84 million, a price-to-earnings ratio of 93.22, a price-to-earnings-growth ratio of 0.41 and a beta of 0.57. The company has a debt-to-equity ratio of 100.35, a current ratio of 1.07 and a quick ratio of 1.28. Restore has a 52-week low of GBX 207 ($2.75) and a 52-week high of GBX 290 ($3.85). The business's fifty day moving average price is GBX 263.46 and its 200 day moving average price is GBX 239.11.

Insider Transactions at Restore

In related news, insider Dan Baker purchased 1,000 shares of Restore stock in a transaction that occurred on Tuesday, May 13th. The stock was purchased at an average price of GBX 249 ($3.31) per share, for a total transaction of £2,490 ($3,305.02). 15.23% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on RST. Peel Hunt reissued a "buy" rating and set a GBX 307 ($4.07) price target on shares of Restore in a report on Tuesday. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 404 ($5.36) price objective on shares of Restore in a research note on Tuesday.

Restore Company Profile

Restore plc, together with its subsidiaries, provides services to offices and workplaces in the public and private sectors primarily in the United Kingdom. The company operates through two segments, Digital & Information Management, and Secure Lifecycle Services. The company provides document management and recycling; document storage and retrieval; physical, seasonal, and on-site document scanning and IT; relocation; document collection and destruction services; data destruction and recycling of all types of IT assets, such as laptops, servers, and network equipment; recycling electrical waste; software imaging, physical installation, and asset tagging; and hardware and software upgrades and decommissioning solutions through repurposing, recycling, or destruction.