Rentokil Initial logged a 19.0% change during today's morning session, and is now trading at a price of $32.9 per share.
Rentokil Initial returned losses of -12.0% last year, with its stock price reaching a high of $41.55 and a low of $23.39. Over the same period, the stock underperformed the S&P 500 index by -42.3%. AThe company's 50-day average price was $26.81. 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. Based in Crawley, United Kingdom, the Large-Cap Consumer Discretionary company has 58,600 full time employees. Rentokil Initial has offered a 0.3% dividend yield over the last 12 months.
Generally Positive Cash Flows and an Average Current Ratio:
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Revenue (M) | $2,803 | $2,957 | $3,714 |
| Operating Margins | 10% | 12% | 9% |
| Net Margins | 7% | 9% | 6% |
| Net Income (M) | $186 | $263 | $232 |
| Free Cash Flow (M) | $548 | $563 | $600 |
Rentokil Initial Has Elevated P/B and P/E Ratios:
Rentokil Initial has a trailing twelve month P/E ratio of 34.8 compared to the Consumer Discretionary sector's average of 22.96. Furthermore, Rentokil Initial is likely overvalued compared to the book value of its equity, since its P/B ratio of 20.92 is higher than the sector average of 4.24.
Most of the Market Indicators on Rentokil Initial Are Negative:
The 2 analysts following Rentokil Initial have set target prices ranging from $29.1 to $47.16 per share, for an average of $38.13 with a buy rating. The company is trading -13.7% away from its average target price, indicating that there is an analyst consensus of some upside potential.
The largest shareholder is Janus Henderson Group PLC, whose 4% stake in the company is worth $527,534,284.
