Rentokil Initial (LON:RTO) Posts Quarterly Earnings Results

Rentokil Initial (LON:RTO - Get Free Report) released 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 0.1 %

RTO traded down GBX 0.38 ($0.00) during trading on Monday, hitting GBX 338.80 ($4.36). The stock had a trading volume of 10,487,760 shares, compared to its average volume of 18,408,420. The stock has a 50 day simple moving average of GBX 393 and a two-hundred day simple moving average of GBX 405.35. The company has a debt-to-equity ratio of 113.35, a quick ratio of 1.76 and a current ratio of 1.04. Rentokil Initial has a twelve month low of GBX 328.10 ($4.22) and a twelve month high of GBX 517.60 ($6.66). The company has a market capitalization of £8.49 billion, a PE ratio of 21.73, a PEG ratio of 0.56 and a beta of 0.55.

Analyst Ratings Changes

Several equities analysts recently issued reports on RTO shares. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Rentokil Initial from GBX 485 ($6.24) to GBX 465 ($5.99) and set a "buy" rating on the stock in a report on Friday. JPMorgan Chase & Co. reduced their price target on Rentokil Initial from GBX 440 ($5.66) to GBX 430 ($5.54) and set a "neutral" rating for the company in a research report on Tuesday, January 14th.

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Insider Transactions at Rentokil Initial

In other Rentokil Initial news, insider Brian Baldwin purchased 7,500,000 shares of the stock in a transaction on Wednesday, December 11th. The stock was acquired at an average price of GBX 413 ($5.32) per share, with a total value of £30,975,000 ($39,880,262.65). Insiders own 0.32% of the company's stock.

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.