The Rank Group (LON:RNK) Announces Quarterly Earnings Results

Key Points

• The Rank Group reported earnings of GBX 9.10 ($0.12) per share with a net margin of 1.67% and a return on equity of 3.65% for the quarter.
• Shares traded down to GBX 139.60 ($1.90) amid high volume, with a market cap of £652.44 million and a P/E ratio of 52.84.
• Shore Capital maintained a "house stock" rating for The Rank Group on July 10, reflecting ongoing interest in the company's stock despite recent market performance.

The Rank Group (LON:RNK - Get Free Report) posted its quarterly earnings results on Thursday. The company reported GBX 9.10 earnings per share for the quarter, Digital Look Earnings reports. The Rank Group had a net margin of 1.67% and a return on equity of 3.65%.

The Rank Group Trading Down 1.6%

Shares of RNK stock traded down GBX 2.20 during trading hours on Tuesday, hitting GBX 136.60. 380,627 shares of the company were exchanged, compared to its average volume of 595,812. The firm has a market cap of £638.41 million, a PE ratio of 51.71, a PEG ratio of 1.75 and a beta of 2.48. The Rank Group has a 1 year low of GBX 70.20 and a 1 year high of GBX 166.20. The company has a quick ratio of 0.65, a current ratio of 0.47 and a debt-to-equity ratio of 58.20. The firm has a fifty day moving average of GBX 142.35 and a 200 day moving average of GBX 110.11.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a "house stock" rating on shares of The Rank Group in a research note on Thursday, August 14th.

The Rank Group Company Profile

The Rank Group Plc has been entertaining Britain since 1937, from its origins in motion pictures to today's gaming based entertainment brands. Over the course of more than three-quarters of a century, the Group has entertained many millions of customers in Britain and around the world. The Group's story is one of iconic brands and talented people with a mission to entertain.