Renishaw (LON:RSW) Given “Hold” Rating at Jefferies Financial Group

Jefferies Financial Group reissued their hold rating on shares of Renishaw (LON:RSW) in a research note released on Monday, MarketBeat.com reports. They currently have a GBX 3,450 price target on the stock.

Renishaw Price Performance

Shares of LON:RSW opened at GBX 4,536 on Monday. Renishaw has a one year low of GBX 2,100 and a one year high of GBX 4,568. The company has a debt-to-equity ratio of 1.60, a current ratio of 4.57 and a quick ratio of 3.10. The company has a market cap of £3.30 billion, a price-to-earnings ratio of 44.51, a PEG ratio of 3.73 and a beta of 0.94. The firm has a 50 day simple moving average of GBX 3,965.52 and a 200 day simple moving average of GBX 3,717.33.

Renishaw (LON:RSW) last posted its earnings results on Thursday, February 12th. The company reported GBX 68.80 earnings per share for the quarter. Renishaw had a net margin of 10.06% and a return on equity of 8.06%. Research analysts predict that Renishaw will post 159.8984772 earnings per share for the current fiscal year.

Renishaw Company Profile

We are a world leader in measuring and manufacturing systems.

Our products give high accuracy and precision, gathering data to provide customers and end users with traceability and confidence in what they’re making. This technology also helps our customers to innovate their products and processes.

We are guided by our purpose: Transforming Tomorrow Together. This means working with our customers to make the products and the materials that are going to be needed for the future.

We believe that our purpose is incredibly relevant in today’s environment where the pace of change in technology is faster than ever.