Rolls-Royce Holdings plc (LON:RR) Stock Price Down 0.3% - What's Next?

Rolls-Royce Holdings plc (LON:RR - Get Free Report)'s share price dropped 0.3% on Monday . The company traded as low as GBX 789.40 ($10.51) and last traded at GBX 791.60 ($10.54). Approximately 49,835,816 shares traded hands during trading, The stock had previously closed at GBX 794 ($10.57).

Analyst Ratings Changes

RR has been the subject of a number of recent analyst reports. Shore Capital reiterated a "hold" rating on shares of Rolls-Royce Holdings plc in a report on Thursday, May 1st. JPMorgan Chase & Co. reiterated an "overweight" rating and set a GBX 900 ($11.98) price target on shares of Rolls-Royce Holdings plc in a report on Friday, March 28th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 692.50 ($9.22).

Rolls-Royce Holdings plc Trading Down 0.5%

The company has a market cap of £68.35 billion, a P/E ratio of 29.05, a PEG ratio of 0.55 and a beta of 1.82. The stock's 50-day moving average price is GBX 750.99 and its 200-day moving average price is GBX 648.45.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported GBX 20.29 ($0.27) earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a net margin of 13.08% and a negative return on equity of 78.08%. On average, research analysts anticipate that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.

Insider Activity at Rolls-Royce Holdings plc

In related news, insider Tufan Erginbilgic sold 9,683 shares of the firm's stock in a transaction dated Monday, April 28th. The shares were sold at an average price of GBX 754 ($10.03), for a total value of £73,009.82 ($97,165.05). Also, insider Angela Strank purchased 6,740 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The stock was acquired at an average cost of GBX 736 ($9.80) per share, for a total transaction of £49,606.40 ($66,018.63). 0.04% of the stock is owned by insiders.

Rolls-Royce Holdings plc Company Profile

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.