Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Purchases 6,740 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Angela Strank acquired 6,740 shares of Rolls-Royce Holdings plc stock in a transaction dated Thursday, February 27th. The stock was bought at an average price of GBX 736 ($9.26) per share, for a total transaction of £49,606.40 ($62,382.29).

Rolls-Royce Holdings plc Stock Performance

Shares of RR stock opened at GBX 731.60 ($9.20) on Friday. The stock’s 50-day moving average is GBX 594.85 and its two-hundred day moving average is GBX 554.08. The firm has a market cap of £62.75 billion, a price-to-earnings ratio of 26.67, a PEG ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 1 year low of GBX 196.45 ($2.47) and a 1 year high of GBX 537.20 ($6.76).

Rolls-Royce Holdings plc (LON:RR) last issued its quarterly earnings data on Thursday, February 27th. The company reported GBX 20.29 ($0.26) earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%. As a group, research analysts predict that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on RR shares. Shore Capital reiterated a “buy” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 655 ($8.24) target price on shares of Rolls-Royce Holdings plc in a report on Thursday, November 7th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 631.25 ($7.94).

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.