Dan Baker Acquires 1,000 Shares of Restore plc (LON:RST) Stock

Restore plc (LON:RST) insider Dan Baker purchased 1,000 shares of the business’s stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average price of GBX 249 ($3.31) per share, for a total transaction of £2,490 ($3,313.81).

Restore Stock Performance

Shares of RST opened at GBX 245 ($3.26) on Friday. The company has a market capitalization of £328.98 million, a PE ratio of 86.19, a price-to-earnings-growth ratio of 0.41 and a beta of 0.57. Restore plc has a one year low of GBX 207 ($2.75) and a one year high of GBX 295.88 ($3.94). The company has a debt-to-equity ratio of 100.35, a current ratio of 1.07 and a quick ratio of 1.28. The company’s fifty day moving average price is GBX 228.49 and its 200 day moving average price is GBX 235.58.

Restore (LON:RST) last posted its quarterly earnings data on Thursday, March 13th. The company reported GBX 19 ($0.25) earnings per share (EPS) for the quarter. Restore had a net margin of 1.37% and a return on equity of 1.64%. As a group, analysts expect that Restore plc will post 20.4953032 earnings per share for the current year.

Restore Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 18th. Stockholders of record on Thursday, June 12th will be given a dividend of GBX 3.80 ($0.05) per share. This is a positive change from Restore’s previous dividend of $2.00. This represents a dividend yield of 1.58%. The ex-dividend date of this dividend is Thursday, June 12th. Restore’s payout ratio is 175.89%.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group raised their price target on shares of Restore from GBX 380 ($5.06) to GBX 400 ($5.32) and gave the company a “buy” rating in a report on Thursday, March 13th.

Restore Company Profile

Restore plc, together with its subsidiaries, provides services to offices and workplaces in the public and private sectors primarily in the United Kingdom. The company operates through two segments, Digital & Information Management, and Secure Lifecycle Services. The company provides document management and recycling; document storage and retrieval; physical, seasonal, and on-site document scanning and IT; relocation; document collection and destruction services; data destruction and recycling of all types of IT assets, such as laptops, servers, and network equipment; recycling electrical waste; software imaging, physical installation, and asset tagging; and hardware and software upgrades and decommissioning solutions through repurposing, recycling, or destruction.