Rentokil Initial (LON:RTO) Announces Earnings Results

Rentokil Initial (LON:RTO) posted its quarterly earnings data on Thursday. The company reported GBX 21.25 ($0.27) earnings per share for the quarter, Digital Look Earnings reports. Rentokil Initial had a net margin of 7.25% and a return on equity of 9.50%.

Rentokil Initial Stock Down 9.0 %

LON RTO traded down GBX 34.90 ($0.45) on Thursday, reaching GBX 353.10 ($4.55). The company had a trading volume of 34,452,766 shares, compared to its average volume of 19,312,139. The company’s fifty day moving average is GBX 395.15 and its 200-day moving average is GBX 407.91. Rentokil Initial has a 1-year low of GBX 336.30 ($4.33) and a 1-year high of GBX 517.60 ($6.67). The firm has a market capitalization of £8.84 billion, a price-to-earnings ratio of 22.65, a price-to-earnings-growth ratio of 0.56 and a beta of 0.55. The company has a debt-to-equity ratio of 113.35, a quick ratio of 1.76 and a current ratio of 1.04.

Insider Transactions at Rentokil Initial

In related news, insider Brian Baldwin acquired 7,500,000 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was bought at an average price of GBX 413 ($5.32) per share, for a total transaction of £30,975,000 ($39,926,527.46). 0.32% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lowered their target price on shares of Rentokil Initial from GBX 440 ($5.67) to GBX 430 ($5.54) and set a “neutral” rating for the company in a report on Tuesday, January 14th.

About Rentokil Initial

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers.