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RS1 Rs Group Plc

732.50
24.50 (3.46%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rs Group Plc LSE:RS1 London Ordinary Share GB0003096442 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  24.50 3.46% 732.50 1,332,212 16:35:28
Bid Price Offer Price High Price Low Price Open Price
733.00 734.00 734.00 708.50 713.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Components, Nec 2.98B 284.8M 0.6015 12.20 3.48B
Last Trade Time Trade Type Trade Size Trade Price Currency
19:05:52 O 37 729.405 GBX

Rs (RS1) Latest News (1)

Rs (RS1) Discussions and Chat

Rs Forums and Chat

Date Time Title Posts
12/4/202400:27RS Group (formerly Electrocomponents)187

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Rs (RS1) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-26 18:06:09729.4137269.88O
2024-04-26 18:06:09710.0267475.71O
2024-04-26 17:52:22731.30643.88O
2024-04-26 17:52:18725.054,21630,567.90O

Rs (RS1) Top Chat Posts

Top Posts
Posted at 27/4/2024 09:20 by Rs Daily Update
Rs Group Plc is listed in the Electronic Components, Nec sector of the London Stock Exchange with ticker RS1. The last closing price for Rs was 708p.
Rs currently has 473,464,192 shares in issue. The market capitalisation of Rs is £3,475,227,169.
Rs has a price to earnings ratio (PE ratio) of 12.20.
This morning RS1 shares opened at 713p
Posted at 29/3/2024 00:39 by philanderer
FORT WORTH, Texas, March 28, 2024 /PRNewswire/

-- RS, a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions for industrial customers, offers an extensive portfolio of electrical and electronic products engineered to help organizations in the food and beverage manufacturing industry overcome challenges related to the expansive and evolving slate of safety and compliance regulations designed to keep consumers and workers safe.
Posted at 12/3/2024 00:53 by philanderer
RS, a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions for industrial customers held an event at its Corby headquarters recently to bring together health and safety industry specialists, suppliers and organisations from a variety of sectors that buy Personal Protective Equipment (PPE).

The theme of the event was sustainability and attendees shared their knowledge and insights around this rapidly evolving topic.

The Sustainability and PPE event featured elements including a panel discussion, round table conversations and a chance to view some of the latest innovations in sustainable PPE, with a Meet the Manufacturer mini-exhibition.


manufacturingmanagement.co.uk/content/news/rs-brings-together-health-and-safety-industry-professionals-and-ppe-buyers-to-share-insights-on-sustainability
Posted at 21/2/2024 11:43 by philanderer
UBS raises RS Group price target to 820 (800) pence - 'neutral'
Posted at 30/1/2024 13:46 by philanderer
RS Group in a price/earnings trough, says Jefferies


Electrical component distributor RS Group (RS1) has execution issues but it is trading at a ‘cycle-low price/earnings’;, says Jefferies.

Analyst Kean Marden reiterated his ‘buy’ recommendation and target price of 950p on the Citywire Elite Companies plus-rated stock, which was trading at 783p on Monday.

Third-quarter organic revenue growth was ‘slightly above our forecast and contained emerging evidence of sequential stability’, Marden said.

‘However, the Americas shortfall was unexpected, as there is a high drop through to EBITA and questions regarding strategic execution,’ he added.

Although Marden downgraded his earnings per share estimates by 8-9% for the group formerly known as Eletrocomponents, he reiterated his ‘buy’ ratings because ‘the shares trade slightly above trough price/earnings, and RS has considerable spare capacity in a fragmented and consolidating industry’.


citywire.com
Posted at 26/1/2024 10:59 by philanderer
RBC cuts RS Group price target to 925 (950) pence - 'outperform'
Posted at 19/1/2024 00:23 by philanderer
FORT WORTH, Texas, January 17, 2023

– RS, a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions for industrial customers, offers Festo’s extensive portfolio of flexible, cost-effective, and user-friendly electric automation products for process control and factory automation applications.

The Festo product portfolio features one of the industry’s most comprehensive selections of electric automation solutions and includes a wide variety of linear and rotary mechanical systems, servo drives and motors, industrial and motor control solutions, automation systems, sensors, and grippers engineered to enable the seamless connectivity essential to Industry 4.0 facilities and automate everything that moves on a single, unified platform.
Posted at 10/11/2023 00:18 by philanderer
RS Group fundamentals are ‘sound’, says Liberum


Investors may need to be patient with RS Group (RS1), formerly Electrocomponents, but ‘sound fundamentals’ mean a rerating is in reach, says Liberum.

Analyst Sanjay Vidyarthi retained his ‘buy’ recommendation but reduced the target price from £14.60 to 890p on the Citywire Elite Companies + rated electronic component distributor, which was trading at 687p on Wednesday.

The group had a ‘difficultR17; first half, with profits down 25%, which was ‘broadly as expected’, and Vidyarthi said the ‘exit rate coming out of the second quarter has not improved’.

‘The new management team has not seen a need for wholesale change to the strategy and reiterated its view on the consolidation and margin opportunity,’ he said.

‘Initiatives are under way to improve operational focus and efficiency, with benefits starting to come through in full-year 2024.’

Vidyarthi cut his 2024 profit-before-tax forecast by 23% to ‘reflect tougher market conditions, restructuring costs and higher interest’.

‘Patience may be required for a rerating but the fundamentals are sound,’ he said.


citywire.com
Posted at 08/11/2023 00:40 by philanderer
FTSE 100 Stock Loses, Then Regains £600 Million on Wild Day


(Bloomberg) -- By any standards, it’s been a choppy earnings day for electronic-components maker RS Group Plc.

The FTSE 100 member lost, and then regained, more than £600 million ($737 million) of market value in Tuesday trading, as initial dismay over its results was replaced by optimism over cost savings.

RS Group Shares Recoup Plunge on Wild Earnings Day: Street Wrap

According to Morgan Stanley analyst Annelies Vermeulen, the cost program was one area of focus on the post-results conference call. With much of the savings coming from permanent reduction in headcount “there is opportunity for more accelerated margin improvement when growth returns to the business,” Vermeulen wrote in a note.

Bloomberg has reached out to RS Group for comment on the share price movement, which saw the stock fall as much as 19% at the open before closing 2% higher.

Tuesday’s wild swings are in keeping with what’s been a rollercoaster year for the company formerly known as Electrocomponents. In August, RS narrowly avoided relegation from the blue-chip FTSE 100 index, although it has declined since. Even after Tuesday’s rally, it’s still down 22% year-to-date, reducing the firm’s market capitalization to about £3.3 billion.

“Management has done a good job on gross margins and variable costs and with the new cost savings plan, it is doing the right things,” RBC Capital Markets analyst Andy Brooke wrote in a note.
Posted at 19/8/2023 00:42 by philanderer
RS rattled by UBS downgrade, bigger profit 'unwind' forecast


RS Group PLC (LSE:RS1) shares fell sharply on Friday after investment bank UBS slashed forecasts, cuts its price target and downgraded the stock to 'neutral' from 'buy'.

“With recent data suggesting weakening markets and reversing share gains, we now expect a bigger profit 'unwind' for RS Group,” the Swiss bank said.

The broker foresees a period of sustained negative organic growth and margin pressure ahead and has cut estimates “significantly”, placing it around 14-19% below consensus.

While much of the risk is now reflected in the share price, which is 35% lower than mid-2022 highs, UBS sees limited re-rating potential for now given the negative earnings outlook.

The bank set a new price target of 800p, down from 1,250p, still well above the current share price, which fell 3.8% to 694.60p in London on Friday.

Earnings per share forecasts have been slashed by 13-22% for the next three financial years, driven by lowered organic growth and gross margin forecasts.


proactiveinvestors.co.uk
Posted at 18/8/2023 10:02 by apollocreed1
What happened today to the share price? A nearly 5% drop is hard to understand on no news.
Rs share price data is direct from the London Stock Exchange

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