Restore (LON:RST) Announces Earnings Results

Restore (LON:RST) announced its quarterly earnings data on Thursday. The company reported GBX 19 ($0.25) earnings per share for the quarter, Digital Look Earnings reports. Restore had a return on equity of 1.64% and a net margin of 1.37%.

Restore Stock Up 7.3 %

Shares of LON:RST opened at GBX 228 ($2.96) on Thursday. The company’s fifty day moving average is GBX 223 and its two-hundred day moving average is GBX 245.57. The company has a debt-to-equity ratio of 100.35, a quick ratio of 1.28 and a current ratio of 1.07. Restore has a 1-year low of GBX 210 ($2.72) and a 1-year high of GBX 295.88 ($3.84). The stock has a market capitalization of £306.16 million, a price-to-earnings ratio of 80.21, a price-to-earnings-growth ratio of 0.41 and a beta of 0.57.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 380 ($4.93) target price on shares of Restore in a research report on Thursday, November 21st.

Restore Company Profile

Restore plc, together with its subsidiaries, provides services to offices and workplaces in the public and private sectors primarily in the United Kingdom. The company operates through two segments, Digital & Information Management, and Secure Lifecycle Services. The company provides document management and recycling; document storage and retrieval; physical, seasonal, and on-site document scanning and IT; relocation; document collection and destruction services; data destruction and recycling of all types of IT assets, such as laptops, servers, and network equipment; recycling electrical waste; software imaging, physical installation, and asset tagging; and hardware and software upgrades and decommissioning solutions through repurposing, recycling, or destruction.