Rentokil Initial (RTO) to Release Earnings on Thursday

Rentokil Initial (NYSE:RTO) is expected to issue its quarterly earnings data before the market opens on Thursday, April 17th. Analysts expect the company to announce earnings of $0.63 per share and revenue of $3.50 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Rentokil Initial Price Performance

RTO opened at $22.37 on Tuesday. Rentokil Initial has a twelve month low of $19.60 and a twelve month high of $34.07. The firm has a market cap of $11.29 billion, a price-to-earnings ratio of 14.81, a PEG ratio of 7.95 and a beta of 1.07. The company has a current ratio of 1.04, a quick ratio of 0.96 and a debt-to-equity ratio of 0.75. The company has a fifty day simple moving average of $23.50 and a 200 day simple moving average of $24.51.

Rentokil Initial Announces Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, May 15th. Shareholders of record on Friday, April 4th will be given a $0.3825 dividend. The ex-dividend date is Friday, April 4th. This represents a yield of 2.4%. Rentokil Initial’s payout ratio is currently 43.71%.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Rentokil Initial in a research note on Friday, March 7th. Four equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

About Rentokil Initial

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. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers.