Key Points
- Insider buy: On March 12, Rightmove insider Ruaridh Hook purchased 2,077 shares at an average price of GBX 457 per share, totaling £9,491.89.
- Rightmove trades around GBX 462 with a market cap of £3.51bn and a P/E of 17.8 (50‑day SMA GBX 468.72; 200‑day SMA GBX 574.55); the company reported GBX 29.10 quarterly EPS and analysts hold a consensus "Hold" with a target of GBX 708.67, while the business shows strong profitability with net margin 51.06% and ROE 264.68%.
Rightmove plc (LON:RMV - Get Free Report) insider Ruaridh Hook bought 2,077 shares of the firm's stock in a transaction on Thursday, March 12th. The stock was purchased at an average price of GBX 457 per share, for a total transaction of £9,491.89.
Rightmove Stock Performance
Rightmove stock opened at GBX 462 on Friday. The firm has a 50 day simple moving average of GBX 468.72 and a 200-day simple moving average of GBX 574.55. The stock has a market cap of £3.51 billion, a price-to-earnings ratio of 17.77, a price-to-earnings-growth ratio of 2.58 and a beta of 0.99. The company has a debt-to-equity ratio of 13.13, a current ratio of 1.89 and a quick ratio of 2.55. Rightmove plc has a 1-year low of GBX 410.70 and a 1-year high of GBX 827.
Rightmove (LON:RMV - Get Free Report) last released its quarterly earnings results on Friday, February 27th. The company reported GBX 29.10 EPS for the quarter. Rightmove had a net margin of 51.06% and a return on equity of 264.68%. On average, analysts expect that Rightmove plc will post 30.2327791 EPS for the current year.
Analyst Ratings Changes
Several brokerages have recently commented on RMV. Jefferies Financial Group decreased their price target on Rightmove from GBX 485 to GBX 465 and set an "underperform" rating on the stock in a research note on Tuesday, November 25th. JPMorgan Chase & Co. raised their price objective on Rightmove from GBX 500 to GBX 527 and gave the stock an "underweight" rating in a research report on Wednesday, December 3rd. Four research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Rightmove presently has a consensus rating of "Hold" and a consensus target price of GBX 708.67.
Check Out Our Latest Analysis on RMV
About Rightmove
(
Get Free Report)
Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms. The segment also offers tenant references and rent guarantee insurance services to landlords. The New Homes segment provides property advertising services to new home developers and housing associations on its platforms.
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