Rentokil Initial (LON:RTO) Releases Quarterly Earnings Results

Rentokil Initial (LON:RTO) issued its earnings results on Thursday. The company reported GBX 21.25 ($0.27) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Rentokil Initial had a return on equity of 9.50% and a net margin of 7.25%.

Rentokil Initial Trading Down 9.2 %

RTO stock traded down GBX 35.80 ($0.46) during trading on Thursday, hitting GBX 352.20 ($4.54). The company had a trading volume of 34,520,391 shares, compared to its average volume of 19,313,609. The firm has a 50-day moving average price of GBX 395.15 and a 200-day moving average price of GBX 407.91. The stock has a market cap of £8.82 billion, a price-to-earnings ratio of 22.59, a PEG ratio of 0.56 and a beta of 0.55. Rentokil Initial has a 12 month low of GBX 336.30 ($4.33) and a 12 month high of GBX 517.60 ($6.67). The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 113.35.

Insider Transactions at Rentokil Initial

In other Rentokil Initial news, insider Brian Baldwin bought 7,500,000 shares of the stock in a transaction on Wednesday, December 11th. The stock was purchased at an average price of GBX 413 ($5.32) per share, with a total value of £30,975,000 ($39,926,527.46). 0.32% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. cut their price objective on Rentokil Initial from GBX 440 ($5.67) to GBX 430 ($5.54) and set a “neutral” rating for the company in a report on Tuesday, January 14th.

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.