Rolls-Royce Holdings plc (LON:RR) Shares Down 0.3% - Time to Sell?

Shares of Rolls-Royce Holdings plc (LON:RR - Get Free Report) fell 0.3% during mid-day trading on Monday . The stock traded as low as GBX 789.40 ($10.50) and last traded at GBX 791.60 ($10.53). 49,835,816 shares traded hands during mid-day trading, The stock had previously closed at GBX 794 ($10.56).

Wall Street Analyst Weigh In

Several equities analysts have issued reports on RR shares. JPMorgan Chase & Co. reiterated an "overweight" rating and set a GBX 900 ($11.97) target price on shares of Rolls-Royce Holdings plc in a research report on Friday, March 28th. Shore Capital reaffirmed a "hold" rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, May 1st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of GBX 692.50 ($9.21).

Rolls-Royce Holdings plc Stock Performance

The firm's 50 day moving average is GBX 752.66 and its 200-day moving average is GBX 651.54. The firm has a market cap of £69.43 billion, a price-to-earnings ratio of 29.51, a price-to-earnings-growth 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, February 27th. The company reported GBX 20.29 ($0.27) EPS for the quarter. Rolls-Royce Holdings plc had a net margin of 13.08% and a negative return on equity of 78.08%. As a group, research analysts predict that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Insider Activity

In related news, insider Angela Strank acquired 6,740 shares of the stock in a transaction dated Thursday, February 27th. The stock was bought at an average price of GBX 736 ($9.79) per share, with a total value of £49,606.40 ($65,965.96). Also, insider Tufan Erginbilgic sold 9,683 shares of the stock in a transaction on Monday, April 28th. The stock was sold at an average price of GBX 754 ($10.03), for a total transaction of £73,009.82 ($97,087.53). 0.04% of the stock is owned by insiders.

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.