Rolls-Royce Holdings (RR.)

Sector:

Defense and Aeronautics

Index:

FTSE 100

102.18p
   
  • Change Today:
      0.48p
  • 52 Week High: 134.90
  • 52 Week Low: 38.98
  • Currency: UK Pounds
  • Shares Issued: 8,368m
  • Volume: 31,394,599
  • Market Cap: £8,550m
  • RiskGrade: 377

Deutsche Bank casts doubt on Rolls-Royce achieving guidance

By Michele Maatouk

Date: Monday 17 May 2021

LONDON (ShareCast) - (Sharecast News) - Engine maker Rolls-Royce reaffirmed its FY21 guidance last week but Deutsche Bank said on Monday that achieving the guidance "looks a bit daunting".

"In the first four months of 2021, large engine flying hours (EFH) were around 40% of 2019 levels, lower than the 43% for full-year 2020 and below the 55% target for 2021," the bank noted.

It said this implies that in the next eight months, the company will need to see EFH improve to 63% of 2019, with the fourth quarter practically at more than 70%.

"While we believe that the run-rate at the end of April was probably better (more than 40%) than the troughs of Feb, it is still unclear whether traffic is improving as swiftly as desired, considering its engine portfolio," it said.

At 1055 BST, the shares were down 3% at 104.38p.

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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.

 

Rolls Royce Market Data

Currency UK Pounds
Share Price 102.18p
Change Today 0.48p
% Change 0.47 %
52 Week High 134.90
52 Week Low 38.98
Volume 31,394,599
Shares Issued 8,368m
Market Cap £8,550m
RiskGrade 377

Rolls Royce Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.96% below the market average17.96% below the market average17.96% below the market average17.96% below the market average17.96% below the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average
Price Trend
40.71% below the market average40.71% below the market average40.71% below the market average40.71% below the market average40.71% below the market average
57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average
Income
62.39% below the market average62.39% below the market average62.39% below the market average62.39% below the market average62.39% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Growth
32.17% below the market average32.17% below the market average32.17% below the market average32.17% below the market average32.17% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 9
Sell 4
Strong Sell 3
Total 20
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rolls Royce Dividends

  Latest Previous
  Interim Final
Ex-Div 24-Oct-19 25-Apr-19
Paid 03-Jan-20 01-Jul-19
Amount 4.60p 7.10p

Trades for 29-Jul-2021

Time Volume / Share Price
16:37 29,618 @ 102.18p
16:35 4,913,959 @ 102.18p
16:29 97 @ 102.10p
16:29 67 @ 102.10p
16:29 814 @ 102.10p

Rolls Royce Key Personnel

Chair Ian Davis
CEO Warren East

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