Streetbeat News

RYCEY

Rolls-Royce Holdings Plc

CEO

D. Warren East

Industry

Small Arms Ammunition Manufacturing

Open

6.90

Mkt cap

59B

Volume

313K

High

6.94

P/E Ratio

19.77

52-wk high

7.62

Low

6.86

Div yield

N/A

52-wk low

2.98

Rolls-Royce Holdings PLC is initiating discussions with the space industry to explore the use of its micro-reactor technology in space applications. This move aims to expand its nuclear power technology into new markets.

Portfolio Pulse from

November 18, 2024 | 3:00 pm

Rolls-Royce Holdings PLC is facing criticism from Thai Air and other airlines like British Airways and Virgin due to delays in aircraft engine servicing, leading to flight cancellations.

Portfolio Pulse from

November 12, 2024 | 1:30 pm

Rolls-Royce's turnaround plan under CEO Tufan Erginbilgic is showing success with cost reductions and increased margins. The civil aerospace division benefits from post-pandemic recovery, boosting profits and cash flow. Despite improvements, Rolls-Royce trades at a discount, presenting a buying opportunity.

Portfolio Pulse from

November 12, 2024 | 9:30 am

Rolls-Royce's recent trading update shows progress in power systems and new markets, with a positive forward P/E outlook. Supply chain challenges pose a risk to its civil aerospace segment, but are currently controlled.

Portfolio Pulse from

November 11, 2024 | 6:30 pm

Rolls-Royce Holdings PLC has received a reiterated buy rating and a three-year price target of 665p from Panmure Liberum, following an update where the company left its guidance unchanged.

Portfolio Pulse from

November 08, 2024 | 2:30 pm

Rolls-Royce Holdings PLC shares fell over 4% after the company maintained its guidance, which disappointed investors who had high expectations.

Portfolio Pulse from

November 07, 2024 | 11:00 am

Rolls-Royce Holdings PLC has reaffirmed its guidance despite facing supply chain challenges, driven by strong demand in the defense and civil aerospace sectors.

Portfolio Pulse from

November 07, 2024 | 8:00 am

Rolls-Royce Holdings PLC shares reached a record high following Donald Trump's election victory, which boosted defense stocks.

Portfolio Pulse from

November 06, 2024 | 12:30 pm

Turkish Airlines is set to sign a $20 billion deal with Rolls-Royce Holdings Plc and Airbus SE for local aircraft component production as part of its plane acquisition plan. This deal, expected to be announced in Istanbul, includes the purchase of 230 aircraft from Airbus to enhance its Istanbul hub. The initiative aims to boost Turkey's aviation sector and includes local production of airplane parts with entities like TUSAS Engine Industries Inc. involved.

Portfolio Pulse from Shivani Kumaresan

April 17, 2024 | 1:40 pm

Thai Airways International Pcl has chosen General Electric Co. over Rolls-Royce Holdings Plc for its next-generation widebody engines in a deal involving 45 Boeing Co. aircraft. This decision, influenced by previous criticisms of Rolls-Royce's pricing, marks a significant shift for Thai Airways and represents a notable loss for Rolls-Royce, which has been aiming to improve profitability. The engines will power Boeing aircraft to be added to Thai Airways' fleet from 2027 to 2033, a move that does not impact the airline's debt rehabilitation plans. This order is crucial for GE, especially ahead of its GE Aerospace and GE Vernova Spin-Off, and provides a boost to Boeing amidst its recent challenges.

Portfolio Pulse from Benzinga Neuro

February 14, 2024 | 1:49 pm

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