Key Points
- Rightmove insider Amanda James bought 6,016 shares on May 21 at an average price of GBX 413, for a total of about £24,846.
- Rightmove shares recently opened at GBX 443.90, trading well below the 52-week high of GBX 827 but above the 52-week low of GBX 391.40.
- Analysts currently have a Hold consensus on Rightmove, with a median target price of GBX 643.75, after several firms trimmed their price targets in recent reports.
Rightmove plc (LON:RMV - Get Free Report) insider Amanda James acquired 6,016 shares of the stock in a transaction on Thursday, May 21st. The shares were acquired at an average price of GBX 413 per share, with a total value of £24,846.08.
Rightmove Price Performance
Shares of LON RMV opened at GBX 443.90 on Friday. Rightmove plc has a fifty-two week low of GBX 391.40 and a fifty-two week high of GBX 827. The business has a 50 day moving average price of GBX 431.48 and a two-hundred day moving average price of GBX 480.51. The company has a quick ratio of 2.55, a current ratio of 1.89 and a debt-to-equity ratio of 13.13. The firm has a market cap of £3.33 billion, a PE ratio of 15.85, a price-to-earnings-growth ratio of 2.58 and a beta of 0.88.
Rightmove (LON:RMV - Get Free Report) last issued 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%. Sell-side analysts expect that Rightmove plc will post 30.2327791 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on RMV shares. UBS Group reiterated a "neutral" rating and issued a GBX 481 target price on shares of Rightmove in a research report on Tuesday, May 5th. Citigroup decreased their target price on Rightmove from GBX 520 to GBX 455 and set a "neutral" rating for the company in a research report on Thursday, April 9th. Finally, JPMorgan Chase & Co. decreased their target price on Rightmove from GBX 521 to GBX 489 and set an "underweight" rating for the company in a research report on Thursday, March 19th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of GBX 643.75.
Read Our Latest Research Report on RMV
Rightmove Company Profile
(
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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