Renew (LON:RNWH) Releases Quarterly Earnings Results

Renew (LON:RNWHGet Free Report) issued its quarterly earnings data on Tuesday. The company reported GBX 30.90 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Renew had a return on equity of 21.11% and a net margin of 4.52%.The firm had revenue of £574.29 million during the quarter.

Renew Trading Up 0.7%

Shares of LON RNWH traded up GBX 6 during trading on Tuesday, hitting GBX 922. 155,623 shares of the company traded hands, compared to its average volume of 312,866. Renew has a 1 year low of GBX 772 and a 1 year high of GBX 978. The company has a 50-day moving average price of GBX 904.03 and a 200-day moving average price of GBX 911.73. The firm has a market capitalization of £729.89 million, a P/E ratio of 14.95 and a beta of 0.78. The company has a quick ratio of 0.81, a current ratio of 0.88 and a debt-to-equity ratio of 11.50.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Shore Capital Group restated a “buy” rating and set a GBX 850 price objective (down from GBX 1,350) on shares of Renew in a research report on Wednesday, April 1st. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,320 target price on shares of Renew in a research note on Wednesday, April 1st. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 1,172.50.

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Renew Company Profile

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See Also

Earnings History for Renew (LON:RNWH)

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