RS Group (LON:RS1) Announces Quarterly Earnings Results

RS Group (LON:RS1 - Get Free Report) posted its earnings results on Wednesday. The company reported GBX 39.10 ($0.53) earnings per share (EPS) for the quarter, Digital Look Earnings reports. RS Group had a return on equity of 12.99% and a net margin of 6.24%.

RS Group Trading Down 3.3%

Shares of RS1 traded down GBX 18.49 ($0.25) on Monday, hitting GBX 549.51 ($7.44). 666,372 shares of the stock traded hands, compared to its average volume of 2,042,456. RS Group has a 1 year low of GBX 476.80 ($6.45) and a 1 year high of GBX 850 ($11.50). The stock's 50 day moving average is GBX 540.34 and its two-hundred day moving average is GBX 625.53. The firm has a market capitalization of £2.59 billion, a P/E ratio of 14.20, a P/E/G ratio of 1.85 and a beta of 0.86. The company has a quick ratio of 1.24, a current ratio of 2.01 and a debt-to-equity ratio of 47.26.

Analyst Ratings Changes

Separately, Shore Capital raised RS Group to a "buy" rating in a report on Tuesday, January 28th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, RS Group currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 840 ($11.37).

Insiders Place Their Bets

In other RS Group news, insider Miles Roberts purchased 7,860 shares of the stock in a transaction on Friday, March 28th. The stock was bought at an average price of GBX 578 ($7.82) per share, for a total transaction of £45,430.80 ($61,476.05). Also, insider Kate Ringrose acquired 6,880 shares of the company's stock in a transaction dated Tuesday, March 25th. The shares were bought at an average cost of GBX 578 ($7.82) per share, with a total value of £39,766.40 ($53,811.10). 0.52% of the stock is owned by corporate insiders.

RS Group Company Profile

RS Group plc is a global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably. We operate in 36 markets, stock over 800,000 technical and specialist products and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers.