Robert Walters (LON:RWA) Releases Earnings Results

Key Points

• Robert Walters reported earnings per share of GBX (17) ($0.22) for the quarter, with a return on equity of 3.65% and a net margin of 0.58%.
• Shares opened at GBX 144.50 ($1.91) on Friday, with a market capitalization of £103.10 million and a P/E ratio of 16.67.
• Deutsche Bank reduced its price target on Robert Walters from GBX 350 ($4.62) to GBX 280 ($3.70) while maintaining a "buy" rating.

Robert Walters (LON:RWA - Get Free Report) released its quarterly earnings data on Thursday. The company reported GBX (17) (($0.23)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Robert Walters had a net margin of 0.58% and a return on equity of 3.65%.

Robert Walters Stock Down 1.2%

LON RWA traded down GBX 1.65 ($0.02) on Tuesday, hitting GBX 134.35 ($1.79). The stock had a trading volume of 210,219 shares, compared to its average volume of 148,034. The business's fifty day moving average price is GBX 185.02 and its 200 day moving average price is GBX 225.50. Robert Walters has a 52-week low of GBX 131.50 ($1.75) and a 52-week high of GBX 389 ($5.17). The stock has a market cap of £95.86 million, a price-to-earnings ratio of 15.50, a price-to-earnings-growth ratio of 0.08 and a beta of 1.22. The company has a debt-to-equity ratio of 64.28, a current ratio of 1.47 and a quick ratio of 1.52.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft cut their price target on Robert Walters from GBX 350 ($4.65) to GBX 280 ($3.72) and set a "buy" rating on the stock in a report on Thursday, July 31st.

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.