Renishaw plc Buy Hold or Sell Recommendation

RNSHF -- USA Stock  

USD 72.59  0.00  0.00%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding Renishaw plc is 'Strong Buy'. Macroaxis provides Renishaw plc buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding RNSHF positions. The advice algorithm takes into account all of Renishaw plc available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from RNSHF buy-and-hold prospective. Additionally take a look at Renishaw plc Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Renishaw plcBuy Renishaw plc
Strong Buy

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

For the selected time horizon Renishaw plc has a risk adjusted performance of 0.1237, jensen alpha of 0.4937, total risk alpha of 0.0127, sortino ratio of 0.0 and treynor ratio of 0.6478
Macroaxis provides unbiased recommendation on Renishaw plc that should be used to complement current analysts and expert consensus on Renishaw plc. Our buy or sell recommendations engine determines the corporation potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Renishaw plc is not overpriced, please check all Renishaw plc fundamentals including its EBITDA, Earnings Per Share, Current Liabilities, as well as the relationship between Debt to Equity and Total Asset . Given that Renishaw plc has Price to Book of 6.74 times, we recommend you check out Renishaw plc market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Returns Distribution Density

Mean Return0.61Value At Risk0
Potential Upside0.000005Standard Deviation2.84
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Ark Investment Management LlcCommon Shares38.1 K2.4 M
Ark Investment Management LlcCommon Shares42.9 K3 M
Ark Investment Management Llc 1Common Shares36.9 K2.4 M
Trent Capital Management IncCommon Shares9.2 K436 K
Trent Capital Management IncCommon Shares9.2 K288 K

Renishaw plc Greeks

α
Alpha over DOW
=0.49
β
Beta against DOW=0.92
σ
Overall volatility
=0.00
Ir
Information ratio =0.17

Renishaw plc Volatility Alert

Renishaw plc exhibits very low volatility with skewness of 4.69 and kurtosis of 22.0. However, we advise investors to further study Renishaw plc technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Renishaw plc to competition

Renishaw plc Fundamental Vs Peers

FundamentalsRenishaw plcPeer Average
Return On Equity31.94 % (15.17) %
Return On Asset14.12 % (15.64) %
Profit Margin22.18 % (5.50) %
Operating Margin24.72 % (10.91) %
Current Valuation5.19 B152.14 B
Shares Outstanding72.79 M1.43 B
Price to Earning25.81 times40.69 times
Price to Book6.74 times14.44 times
Price to Sales6.97 times17.81 times
Revenue764.35 M9.85 B
Gross Profit285.42 M21.75 B
EBITDA217.77 M1.41 B
Net Income181.8 M517.71 M
Cash and Equivalents91.38 M3.89 B
Cash per Share1.25 times5.17 times
Debt to Equity3.30 % 0.72 %
Current Ratio4.40 times3.30 times
Book Value Per Share9.51 times13.64 times
Cash Flow from Operations170.4 M1.25 B
Earnings Per Share2.48 times2.30 times
Number of Employees4.58 K10.67 K
Beta0.420.34
Market Capitalization5.33 B29.78 B
Total Asset598.48 M126.86 B
Retained Earnings420 M38.24 B
Working Capital199.96 M3.58 B
Current Asset276.58 M36.8 B
Current Liabilities76.62 M33.34 B
Z Score1.0708.73
Last Dividend Paid0.72

Renishaw plc Market Momentum

Renishaw plc Alerts

Trading Alerts and Improvement Suggestions
Additionally take a look at Renishaw plc Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.