Robert Walters (LON:RWA) Issues 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) announced its quarterly earnings data on Thursday. The company reported GBX (17) (($0.23)) earnings per share 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 Price Performance

Shares of Robert Walters stock traded down GBX 0.25 ($0.00) during trading on Friday, reaching GBX 143.25 ($1.90). The company's stock had a trading volume of 185,372 shares, compared to its average volume of 143,316. The company has a quick ratio of 1.52, a current ratio of 1.47 and a debt-to-equity ratio of 64.28. Robert Walters has a 12-month low of GBX 141 ($1.87) and a 12-month high of GBX 389 ($5.17). The company has a market capitalization of £102.21 million, a P/E ratio of 16.53, a price-to-earnings-growth ratio of 0.08 and a beta of 1.22. The business has a 50 day moving average price of GBX 186.57 and a 200-day moving average price of GBX 227.25.

Analysts Set New Price Targets

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

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.