Robert Walters (LON:RWA) Sets New 12-Month Low - Here's What Happened

Key Points

• Robert Walters plc shares hit a new 52-week low, trading at GBX 127 ($1.70), with a significant volume of over 5 million shares exchanged.
• Deutsche Bank downgraded the company's price target from GBX 350 ($4.68) to GBX 280 ($3.74) while maintaining a "buy" rating.
• The company's earnings report revealed an earnings per share of GBX (17) (($0.23)) for the quarter, with an expected EPS of approximately 61.54 for the current fiscal year.

Robert Walters plc (LON:RWA - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 127 ($1.71) and last traded at GBX 129 ($1.73), with a volume of 5120382 shares traded. The stock had previously closed at GBX 130 ($1.75).

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Robert Walters from GBX 350 ($4.71) to GBX 280 ($3.76) and set a "buy" rating for the company in a research note on Thursday, July 31st.

Robert Walters Stock Performance

The firm's 50 day simple moving average is GBX 178.88 and its 200 day simple moving average is GBX 220.81. The firm has a market capitalization of £94.90 million, a price-to-earnings ratio of 15.35, a PEG ratio of 0.08 and a beta of 1.22. The company has a debt-to-equity ratio of 64.28, a quick ratio of 1.52 and a current ratio of 1.47.

Robert Walters (LON:RWA - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported GBX (17) (($0.23)) earnings per share (EPS) for the quarter. Robert Walters had a return on equity of 3.65% and a net margin of 0.58%. Sell-side analysts forecast that Robert Walters plc will post 61.5448447 earnings per share for the current fiscal year.

Robert Walters Company Profile

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.