Rolls-Royce Holdings plc (LON:RR) Releases Quarterly Earnings Results

Key Points

• Rolls-Royce Holdings plc reported an earnings per share (EPS) of GBX 15.74 ($0.21) for the quarter, alongside a negative return on equity of 78.08% and a net margin of 13.08%.
• The company's stock price increased by 8.5% after the earnings announcement, reaching GBX 1,072 ($14.23) in midday trading.
• Wall Street analysts have mostly rated the stock as a "Moderate Buy," with an average target price of GBX 727.50 ($9.66) and some firms setting price targets as high as GBX 1,040 ($13.80).

Rolls-Royce Holdings plc (LON:RR - Get Free Report) announced its quarterly earnings results on Thursday. The company reported GBX 15.74 ($0.21) EPS for the quarter, Digital Look Earnings reports. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%.

Rolls-Royce Holdings plc Price Performance

LON RR traded up GBX 25 ($0.33) on Tuesday, reaching GBX 1,090 ($14.49). The stock has a market cap of £93.48 billion, a P/E ratio of 39.73, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a one year low of GBX 196.45 ($2.61) and a one year high of GBX 537.20 ($7.14). The business has a 50 day moving average of GBX 936.43 and a two-hundred day moving average of GBX 791.94.

Insider Buying and Selling

In related news, insider Wendy Mars acquired 209 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The stock was acquired at an average cost of GBX 875 ($11.63) per share, for a total transaction of £1,828.75 ($2,430.56). Also, insider Tufan Erginbilgic sold 7,763 shares of the company's stock in a transaction on Monday, July 28th. The shares were sold at an average price of GBX 985 ($13.09), for a total transaction of £76,465.55 ($101,628.85). Over the last three months, insiders have acquired 3,189 shares of company stock valued at $2,787,555 and have sold 27,122 shares valued at $25,316,993. Company insiders own 0.04% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on RR shares. JPMorgan Chase & Co. reaffirmed an "overweight" rating and set a GBX 1,040 ($13.82) price objective on shares of Rolls-Royce Holdings plc in a research note on Monday, July 7th. Shore Capital reaffirmed a "hold" rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, July 31st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Rolls-Royce Holdings plc currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 727.50 ($9.67).

About Rolls-Royce Holdings plc

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.