Rightmove (LON:RMV) Posts Earnings Results

Rightmove (LON:RMV) released its quarterly earnings data on Friday. The company reported GBX 12.80 ($0.16) earnings per share (EPS) for the quarter, reports. Rightmove had a return on equity of 293.54% and a net margin of 52.69%.

Rightmove Stock Performance

LON:RMV opened at GBX 671 ($8.44) on Friday. The stock has a 50 day simple moving average of GBX 653.70 and a 200 day simple moving average of GBX 632.71. Rightmove has a 1-year low of GBX 499.20 ($6.28) and a 1-year high of GBX 710 ($8.93). The company has a current ratio of 1.83, a quick ratio of 2.55 and a debt-to-equity ratio of 10.15. The stock has a market cap of £5.23 billion, a P/E ratio of 26.91, a PEG ratio of 2.58 and a beta of 1.05.

Wall Street Analysts Forecast Growth

RMV has been the subject of several research reports. Shore Capital reissued a “buy” rating on shares of Rightmove in a report on Friday, November 8th. Berenberg Bank reissued a “buy” rating and set a GBX 775 ($9.75) price target on shares of Rightmove in a report on Friday, November 8th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating on shares of Rightmove in a report on Thursday, December 5th.

Rightmove Company Profile

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms.