Relx (LON:REL) Posts Earnings Results

Relx (LON:REL) announced its quarterly earnings data on Thursday. The company reported GBX 68.60 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Relx had a net margin of 21.53% and a return on equity of 90.85%.

Relx Price Performance

Shares of REL stock opened at GBX 2,493 on Thursday. Relx has a 1 year low of GBX 1,991 and a 1 year high of GBX 4,008. The company has a current ratio of 0.49, a quick ratio of 0.45 and a debt-to-equity ratio of 309.97. The firm’s 50 day moving average is GBX 2,444.30 and its 200-day moving average is GBX 2,540.68. The firm has a market capitalization of £43.63 billion, a price-to-earnings ratio of 22.26, a PEG ratio of 2.69 and a beta of 0.26.

Analyst Ratings Changes

Separately, Citigroup cut their price target on shares of Relx from GBX 3,325 to GBX 2,870 and set a “buy” rating for the company in a research note on Thursday, April 9th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 4,145.50.

Relx Company Profile

RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs over 33,000 people, of whom almost half are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.