Renew (LON:RNWH) Releases Earnings Results

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

Renew Price Performance

Renew stock opened at GBX 912 on Wednesday. The business has a 50 day simple moving average of GBX 903.65 and a 200 day simple moving average of GBX 911.57. The company has a debt-to-equity ratio of 11.50, a current ratio of 0.88 and a quick ratio of 0.81. The company has a market capitalization of £721.98 million, a PE ratio of 14.79 and a beta of 0.78. Renew has a one year low of GBX 772 and a one year high of GBX 978.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,320 target price on shares of Renew in a research report on Wednesday, April 1st. Shore Capital Group restated a “buy” rating and issued a GBX 850 price objective (down from GBX 1,350) 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.com, Renew has an average rating of “Buy” and a consensus target price of GBX 1,172.50.

Check Out Our Latest Stock Analysis on RNWH

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Earnings History for Renew (LON:RNWH)

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