AI Analysis
Log in to generate an AI summary for this stock.
Log in to generate a MOAT report for this stock.
Log in to generate an earnings report for this stock.
Log in to generate an operating leverage report for this stock.
Log in to generate a management report for this stock.
Log in to generate a valuation report for this stock.
Renishaw plc
Video analysis: RNSHF
All videosNo video analysis for this stock yet. Request one from our team.
News: RNSHF
Jefferies turns bullish on Renishaw and XP Power as chip cycle powers on
Jefferies has upgraded Renishaw PLC (LSE:RSW) and XP Power Ltd (LSE:XPP) to 'buy', betting that a longer and stronger semiconductor cycle will drive further earnings upgrades at both companies. The broker also lifted its long-standing 'underperform' rating on Halma PLC (LSE:HLMA) to 'hold', while keeping Oxford Instruments PLC (LSE:OXIG) at 'hold', in a note published on Wednesday covering the semiconductor exposure across its UK industrials coverage.
Renishaw jumps as profits expected to beat forecasts thanks to semiconductor and electronics demand
Renishaw PLC (LSE:RSW) shares were hoisted 8.1% higher to 5,347p after the precision engineer signalled that profits for the past year would be above analyst forecasts, following a record final quarter. The FTSE 250-listed maker of measuring and manufacturing systems said it generated revenue of roughly £243 million in the fourth quarter to 30 June, which was up 27% compared to a year ago and 18% above the third quarter growth.
Renishaw plc (RNSHF) Analyst/Investor Day Transcript
Renishaw plc (RNSHF) Analyst/Investor Day Transcript
Renishaw Highlights AI Chip, Defense and Additive Growth at Capital Markets Day
Renishaw LON: RSW executives told investors at a Capital Markets Day in London that the engineering technology group is seeing stronger momentum across established product lines and emerging businesses, with artificial intelligence infrastructure, semiconductor manufacturing, defense spending and additive manufacturing among the key growth drivers highlighted.