RS Group (LON:RS1) Issues Quarterly Earnings Results

RS Group (LON:RS1 - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported GBX 39.10 ($0.52) 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 Price Performance

Shares of RS1 stock traded down GBX 20 ($0.27) during trading hours on Wednesday, hitting GBX 582 ($7.79). The company had a trading volume of 1,825,648 shares, compared to its average volume of 2,079,960. The firm has a market capitalization of £2.75 billion, a price-to-earnings ratio of 15.04, a PEG ratio of 1.85 and a beta of 0.86. The company has a debt-to-equity ratio of 47.26, a quick ratio of 1.24 and a current ratio of 2.01. RS Group has a 12 month low of GBX 476.80 ($6.39) and a 12 month high of GBX 850 ($11.38). The firm's fifty day moving average is GBX 542.55 and its 200 day moving average is GBX 628.24.

Insider Activity

In related news, insider Kate Ringrose bought 6,880 shares of the business's stock in a transaction on Tuesday, March 25th. The shares were purchased at an average cost of GBX 578 ($7.74) per share, with a total value of £39,766.40 ($53,256.19). Also, insider Miles Roberts acquired 7,860 shares of the firm's stock in a transaction on Friday, March 28th. The shares were bought at an average cost of GBX 578 ($7.74) per share, with a total value of £45,430.80 ($60,842.11). Insiders own 0.52% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Shore Capital raised RS Group to a "buy" rating in a report on Tuesday, January 28th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 840 ($11.25).

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.

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