RS Group plc (LON:RS1) Insider Acquires £49,962.66 in Stock

RS Group plc (LON:RS1 – Get Rating) insider David J. R. Sleath bought 6,222 shares of RS Group stock in a transaction dated Thursday, May 25th. The shares were bought at an average cost of GBX 803 ($9.99) per share, for a total transaction of £49,962.66 ($62,142.61).

RS Group Price Performance

Shares of RS1 opened at GBX 803.20 ($9.99) on Friday. The company has a market cap of £3.80 billion, a price-to-earnings ratio of 1,409.12, a price-to-earnings-growth ratio of 1.85 and a beta of 0.86. RS Group plc has a twelve month low of GBX 778.40 ($9.68) and a twelve month high of GBX 1,169 ($14.54). The company has a quick ratio of 1.24, a current ratio of 2.01 and a debt-to-equity ratio of 29.28. The company has a 50 day moving average of GBX 870.16 and a two-hundred day moving average of GBX 919.80.

RS Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 21st. Shareholders of record on Thursday, June 15th will be paid a GBX 13.70 ($0.17) dividend. This represents a yield of 1.61%. This is an increase from RS Group’s previous dividend of $7.20. The ex-dividend date of this dividend is Thursday, June 15th. RS Group’s dividend payout ratio (DPR) is 3,333.33%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on RS1. Morgan Stanley began coverage on shares of RS Group in a research report on Thursday, February 16th. They set an “equal weight” rating and a GBX 950 ($11.82) target price on the stock. Shore Capital reaffirmed a “hold” rating and set a GBX 1,050 ($13.06) target price on shares of RS Group in a research report on Tuesday. BNP Paribas began coverage on shares of RS Group in a research report on Thursday, April 6th. They set a “neutral” rating and a GBX 1,000 ($12.44) target price on the stock. Peel Hunt reiterated a “buy” rating and set a GBX 1,100 ($13.68) price objective on shares of RS Group in a research note on Tuesday. Finally, Berenberg Bank increased their price objective on shares of RS Group from GBX 1,010 ($12.56) to GBX 1,050 ($13.06) and gave the company a “hold” rating in a research note on Tuesday, February 21st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 1,046.25 ($13.01).

RS Group Company Profile

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RS Group plc, together with its subsidiaries, distributes various electronics and industrial products in the United Kingdom, the United States, France, Germany, Italy, and internationally. The company provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.