Robert Walters (LON:RWA) Trading 13.7% Higher - Time to Buy?

Key Points

• Robert Walters plc's stock price surged by 13.7%, closing at GBX 133 ($1.77) after a previous close of GBX 117 ($1.56).
• Deutsche Bank has lowered its price target for Robert Walters from GBX 350 to GBX 280 while maintaining a "buy" rating, with a current consensus rating of "Buy" among analysts.
• The company reported a debt-to-equity ratio of 64.28 and posted a quarterly earnings loss of GBX (17) EPS, with analysts predicting an EPS of approximately 61.54 for the current fiscal year.

Robert Walters plc (LON:RWA - Get Free Report)'s stock price was up 13.7% on Tuesday . The stock traded as high as GBX 133 ($1.77) and last traded at GBX 133 ($1.77). Approximately 138,232 shares traded hands during trading, a decline of 24% from the average daily volume of 181,578 shares. The stock had previously closed at GBX 117 ($1.56).

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Robert Walters from GBX 350 to GBX 280 and set a "buy" rating for the company in a research report on Thursday, July 31st. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Robert Walters currently has a consensus rating of "Buy" and an average price target of GBX 280.

Robert Walters Stock Performance

The company has a debt-to-equity ratio of 64.28, a current ratio of 1.47 and a quick ratio of 1.52. The firm has a market capitalization of £87.22 million, a price-to-earnings ratio of -591.96, a PEG ratio of 0.08 and a beta of 1.22. The firm's fifty day moving average is GBX 137.52 and its 200 day moving average is GBX 180.75.

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

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.

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