Rolls-Royce Holdings plc (LON:RR) Stock Price Up 2.3% - Should You Buy?

Key Points

• Rolls-Royce Holdings plc's stock price increased by 2.3%, closing at GBX 1,190 ($16.04) after trading as high as GBX 1,194 ($16.10).
• Analysts have mixed ratings on the stock, with three firms rating it as a Buy, while two others recommend a Hold; the consensus price target is GBX 1,188.67.
• Insider transactions indicate confidence from company insiders, with purchases totaling approximately £31,584 over the past ninety days despite a significant amount of shares sold.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) rose 2.3% during trading on Wednesday . The stock traded as high as GBX 1,194 ($16.10) and last traded at GBX 1,190 ($16.04). Approximately 19,756,206 shares were traded during trading, The stock had previously closed at GBX 1,163.50 ($15.68).

Analyst Upgrades and Downgrades

RR has been the subject of several recent analyst reports. Shore Capital reissued a "hold" rating on shares of Rolls-Royce Holdings plc in a report on Thursday, July 31st. Citigroup boosted their price objective on Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the stock a "neutral" rating in a report on Friday, August 29th. Morgan Stanley restated an "overweight" rating on shares of Rolls-Royce Holdings plc in a research report on Friday, September 5th. Deutsche Bank Aktiengesellschaft boosted their target price on Rolls-Royce Holdings plc from GBX 1,000 to GBX 1,220 and gave the stock a "buy" rating in a research report on Thursday, August 7th. Finally, JPMorgan Chase & Co. boosted their target price on Rolls-Royce Holdings plc from GBX 1,040 to GBX 1,245 and gave the stock an "overweight" rating in a research report on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Rolls-Royce Holdings plc has a consensus rating of "Moderate Buy" and an average price target of GBX 1,188.67.

Rolls-Royce Holdings plc Stock Performance

The stock has a 50-day moving average of GBX 1,084.34 and a two-hundred day moving average of GBX 919.03. The company has a market cap of £100.94 billion, a P/E ratio of 42.91, a P/E/G ratio of 0.55 and a beta of 1.82.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported GBX 15.74 earnings per share for the quarter. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%. As a group, sell-side analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.

Insider Transactions at Rolls-Royce Holdings plc

In related news, insider Wendy Mars acquired 170 shares of the stock in a transaction on Tuesday, September 9th. The stock was purchased at an average price of GBX 1,074 per share, for a total transaction of £1,825.80. Also, insider Angela Strank acquired 2,698 shares of the stock in a transaction on Thursday, August 14th. The stock was bought at an average price of GBX 1,103 per share, with a total value of £29,758.94. In the last ninety days, insiders have purchased 3,176 shares of company stock valued at $3,469,688 and have sold 25,125 shares valued at $26,798,542. Company insiders own 0.04% of the company's stock.

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.

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