Renishaw (RSW) Share Price, News & Analysis

Company Overview

Renishaw plc, an engineering and scientific technology company, designs, manufactures, distributes, sells, and services technological products and services, and analytical instruments and medical devices worldwide. The company offers co-ordinate measuring machine products, hardware, software, retrofits, machine tool probes, diagnostics, encoders, tool setters, performance measurement systems, gauging systems, modular and custom fixtures, and styli products for touch probe systems; machine calibration and optimization products; interferometric laser, magnetic, and open and enclosed optical encoders; and additive manufacturing systems. It also provides healthcare products, such as neurosurgical robots and accessories, neurosurgical planning software, electrode delivery systems, drug delivery systems, Raman microscopes, analysers, and hybrid Raman systems. In addition, the company offers smart manufacturing data platform and asset financing services. It serves the aerospace, automotive, consumer electronics, medical and healthcare, heavy, machine builder, and precision manufacturing industries, as well as scientific, research, and analysis industries. The company was incorporated in 1973 and is headquartered in Wotton-under-Edge, the United Kingdom.

Key Stats

• Today's Range: 3,100 to 3,147.34
• 50-Day Range: 3,110 to 3,780
• 52-Week Range: 3,044 to 4,500
• Volume: 34,275 shs
• Average Volume: 68,765 shs
• Market Capitalization: £2.29 billion
• P/E Ratio: 2,366.42
• Dividend Yield: 2.41%
• Price Target: GBX 4,000
• Consensus Rating: Hold

Renishaw Stock Analysis - MarketRank™

Renishaw scored higher than 42% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Renishaw has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Renishaw has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Renishaw is 2,366.42, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 127.28.

Price to Earnings Ratio vs. Sector

The P/E ratio of Renishaw is 2,366.42, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 234.61.

Price to Earnings Growth Ratio

Renishaw has a PEG Ratio of 3.73. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Renishaw has a P/B Ratio of 2.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for RSW.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Renishaw pays a meaningful dividend of 2.08%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Renishaw does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Renishaw is 5,714.29%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for RSW.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

Renishaw has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Renishaw this week, compared to 0 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Renishaw insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £137,455.50 in company stock.

Percentage Held by Insiders

53.31% of the stock of Renishaw is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

41.97% of the stock of Renishaw is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RSW Stock Analysis - Frequently Asked Questions

How have RSW shares performed this year?

Renishaw's stock was trading at GBX 3,578 at the beginning of 2024. Since then, RSW shares have decreased by 12.0% and is now trading at GBX 3,147.34.
View the best growth stocks for 2024 here.

How were Renishaw's earnings last quarter?

Renishaw plc (LON:RSW) posted its quarterly earnings results on Thursday, August, 13th. The company reported $51.00 EPS for the quarter, missing the consensus estimate of $57.10 by $6.10. Renishaw had a net margin of 14.02% and a trailing twelve-month return on equity of 10.77%.

How do I buy shares of Renishaw?

Shares of RSW stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of Renishaw own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Renishaw investors own include Anglo American (AAL), Hastings Group Holdings plc (HSTG.L) (HSTG), Spirent Communications (SPT), Rotork (ROR), Hiscox (HSX), Anglo American (NGLOY) and Rio Tinto Group (RIO).

Company Calendar

• Last Earnings: 8/13/2020
• Ex-Dividend for 12/5 Dividend: 10/31/2024
• Today: 11/21/2024
• Dividend Payable: 12/05/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Computer and Technology
• Industry: Scientific & Technical Instruments
• Sub-Industry: N/A
• Current Symbol: LON:RSW
• CUSIP: N/A
• CIK: N/A
• Web: www.renishaw.com
• Phone: +44-1453-524524
• Fax: N/A
• Employees: 5,166
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 4,000
• High Stock Price Target: GBX 4,000
• Low Stock Price Target: GBX 4,000
• Potential Upside/Downside: +28.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 1.33
• Trailing P/E Ratio: 2,345.86
• Forward P/E Ratio: 19.51
• P/E Growth: 3.73
• Net Income: £96.89 million
• Net Margins: 14.02%
• Pretax Margin: N/A
• Return on Equity: 10.77%
• Return on Assets: 6.85%

Debt

• Debt-to-Equity Ratio: 2.05
• Current Ratio: 5.81
• Quick Ratio: 3.10

Sales & Book Value

• Annual Sales: £691.30 million
• Price / Sales: 3.28
• Cash Flow: GBX 291.32 per share
• Price / Cash Flow: 10.71
• Book Value: GBX 1,242 per share
• Price / Book: 2.51

Miscellaneous

• Outstanding Shares: 72,720,000
• Free Float: N/A
• Market Cap: £2.27 billion
• Optionable: Not Optionable
• Beta: 0.63