Key Points
- Insider sale: Restore plc insider Dan Baker sold 55,795 shares on May 21 at an average price of GBX 261, totaling about £145,625.
- Stock and financial snapshot: Restore shares last traded at GBX 263.16, near their 50-day and 200-day moving averages, with a market cap of £352.78 million and a very high debt-to-equity ratio of 118.39.
- Analyst outlook remains positive: Canaccord Genuity reiterated a buy rating with a GBX 435 price target, while MarketBeat shows a consensus Buy rating and an average target of GBX 367.33.
Restore plc (LON:RST - Get Free Report) insider Dan Baker sold 55,795 shares of the firm's stock in a transaction on Thursday, May 21st. The shares were sold at an average price of GBX 261, for a total transaction of £145,624.95.
Restore Price Performance
Shares of RST opened at GBX 263.16 on Friday. Restore plc has a twelve month low of GBX 222 and a twelve month high of GBX 355. The firm's fifty day simple moving average is GBX 250.99 and its 200-day simple moving average is GBX 253.59. The firm has a market capitalization of £352.78 million, a price-to-earnings ratio of -55.99, a PEG ratio of 0.41 and a beta of 0.12. The company has a current ratio of 0.93, a quick ratio of 1.28 and a debt-to-equity ratio of 118.39.
Restore (LON:RST - Get Free Report) last announced its quarterly earnings data on Thursday, March 12th. The company reported GBX 22.50 earnings per share for the quarter. Restore had a net margin of 0.43% and a return on equity of 0.58%. Equities analysts forecast that Restore plc will post 20.4953032 EPS for the current fiscal year.
Restore announced that its board has approved a share buyback program on Monday, March 16th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 435 price objective on shares of Restore in a research report on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of GBX 367.33.
Get Our Latest Report on RST
Restore Company Profile
(
Get Free Report)
We provide secure and sustainable business services for data, information, communications and assets.
Restore plc leads the markets it serves. Supporting public and private sectors with critical services, income is highly predictable, recurring in nature and generates strong cashflows. We provide integrated information and data management, business digitisation, secure recycling of paper and technology assets, and commercial relocation solutions.
The Group has over 75 sites providing national scale with local service.
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