Rolls-Royce Holdings PLC (LON:RR) Share Price
Name: Rolls-Royce Holdings PLC (LON:RR)
Description: Rolls-Royce (LON:RR.) has a lot of momentum right now. Thanks to a rebound in the civil aviation market after Covid-19 and a transformation programme put in place by new CEO Tufan Erginbilgic, profits are on the up. For the first half of 2023, for example, the company reported an underlying operating profit of £673 million – more than five times the figure posted a year earlier. The shares have had a huge run over the last 12 months, however. As a result, they now have a high valuation. This adds a bit of risk going forward. 24/11/23
Summary
Today’s Rolls-Royce Holdings PLC share price is 287p (as of 07/12/2023 16:45) which is a change of -1.6 or 0.55% from the last closing price of 287 with 19,755,284 shares traded giving Rolls-Royce Holdings PLCa market capitalisation of £30,294,270,746. The most recent daily high has been 290.8 and daily low 285. The Rolls-Royce Holdings PLCshare price 52 week high has been 290.8 and the 52 week low 86.45. Based on the most recent Rolls-Royce Holdings PLCshare price opening of 287, the current Rolls-Royce Holdings PLCEPS (earnings per share) are 0.18 and the PE (price earnings ratio) is 15.87.
Pros
- Profits are rising
- Dividends could return soon
- Stock is in an uptrend
Cons
- Valuation looks high now
- Low return on capital
- Inconsistent long-term track record
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Outlook
(4)
Overall
4
Back in 2019, Rolls-Royce (LON: RR.) shares were trading above 300p. Today, however, they are changing hands for just over 200p. So, why has the Rolls-Royce share price dropped? And what’s the outlook for the shares looking ahead? Why Rolls-Royce shares have fallen The reason Rolls-Royce shares have fallen in recent years is quite simple,
Buying one LON:RR share costs p. However, as well as the p cost of buying the shares you will also have to pay stamp duty, dealing and custody account fees for holding your shares with a broker. You also have to consider the difference between the bid price (the price at which you sell shares)
Job cuts can be good for share prices as it means that management is cutting costs and streamlining the business. But Rolls Royce shareholders can’t bank their profits just yet sd their shares slide following the news of a further 2,500 job cuts. Jet engine maker Rolls Royce has been in the headlines again this
Rolls-Royce shares have surged by an impressive 120% this year, currently trading at 225p, the price they were before RR shares collapsed in 2020. Are they still on a roll or should investors sell or buy more? Slow down On the sell side, the CEO cautions that the pace of improvement may slow down as
Rolls Royce announced revenue and profit growth of 14% and 48% respectively Shares rocketed 20% on better-than-expected results Engineering company completes a long-term base pattern and set for a turnaround Rolls Royce is an illustrious name in the UK industry. Once famous for making the most extravagant car in the world, the company has slowly