Robert Walters (RWA)

Sector:

Support

Index:

FTSE Small Cap

385.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 480.00p
  • 52 Week Low: 353.00p
  • Currency: UK Pounds
  • Shares Issued: 72.36m
  • Volume: 370,821
  • Market Cap: £278.57m
  • RiskGrade: 181

Robert Walters shares soar after firm raises FY profit estimates

Date: Thursday 04 Dec 2014

LONDON (ShareCast) - Recruitment consultancy company Robert Walters raised its full year profit estimates for the third time in 2014.
The group, which operates in 24 different countries, cited strong trading across all its regions in the first two months of the fourth quarter and added it expected full year profit to be "materially" ahead of expectations.

Analysts had forecast pre-tax profit of £14m and revenue of £647m for the year to 31 December.

"Whilst the global macro environment clearly remains variable, Robert Walters continues to benefit from its significant exposure to the Asia Pacific market and the continued recovery in the UK," Investec analyst Andrew Gibb said in a note on Thursday.

Following the announcement, Panmure Gordon raised its rating on the stock from 'hold' to 'buy' and increased its target price from 329p to 353p.

Robert Walters shares leaped 10.99% to 303.00p at 10:52 on Thursday.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Robert Walters Market Data

Currency UK Pounds
Share Price 385.00p
Change Today 3.00p
% Change 0.79 %
52 Week High 480.00p
52 Week Low 353.00p
Volume 370,821
Shares Issued 72.36m
Market Cap £278.57m
RiskGrade 181

Robert Walters Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
15.83% above the market average15.83% above the market average15.83% above the market average15.83% above the market average15.83% above the market average
28.89% above the sector average28.89% above the sector average28.89% above the sector average28.89% above the sector average28.89% above the sector average
Price Trend
42.81% below the market average42.81% below the market average42.81% below the market average42.81% below the market average42.81% below the market average
53.06% below the sector average53.06% below the sector average53.06% below the sector average53.06% below the sector average53.06% below the sector average
Income
75.41% above the market average75.41% above the market average75.41% above the market average75.41% above the market average75.41% above the market average
84.38% above the sector average84.38% above the sector average84.38% above the sector average84.38% above the sector average84.38% above the sector average
Growth
76.91% below the market average76.91% below the market average76.91% below the market average76.91% below the market average76.91% below the market average
83.84% below the sector average83.84% below the sector average83.84% below the sector average83.84% below the sector average83.84% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Robert Walters Dividends

  Latest Previous
  Final Interim
Ex-Div 02-May-24 31-Aug-23
Paid 31-May-24 29-Sep-23
Amount 17.00p 6.50p

Trades for 10-May-2024

Time Volume / Share Price
14:36 169,222 @ 379.00p
14:36 169,222 @ 379.00p
16:35 241 @ 385.00p
16:35 1 @ 385.00p
16:35 110 @ 385.00p

Robert Walters Key Personnel

CEO Toby Fowlston
CFO David Bower

Top of Page