ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) – Equities research analysts at Jefferies Financial Group dropped their FY2021 earnings estimates for ROYAL MAIL PLC/ADR in a research report issued on Sunday, December 1st. Jefferies Financial Group analyst D. Kerstens now forecasts that the company will post earnings of $0.30 per share for the year, down from their prior estimate of $0.45. Jefferies Financial Group also issued estimates for ROYAL MAIL PLC/ADR’s FY2023 earnings at $0.69 EPS.
Several other brokerages have also recently commented on ROYMY. Sanford C. Bernstein cut ROYAL MAIL PLC/ADR from an “outperform” rating to a “market perform” rating in a report on Friday, November 29th. ValuEngine upgraded ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Finally, Zacks Investment Research raised ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. Seven analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. ROYAL MAIL PLC/ADR has a consensus rating of “Hold”.
ROYAL MAIL PLC/ADR stock opened at $5.50 on Wednesday. The firm has a 50 day simple moving average of $5.56 and a 200-day simple moving average of $5.30. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.80 and a quick ratio of 0.78. The stock has a market capitalization of $2.68 billion, a PE ratio of 6.79 and a beta of 1.26. ROYAL MAIL PLC/ADR has a 12-month low of $4.49 and a 12-month high of $8.14.
The company also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 30th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.165 per share. The ex-dividend date is Thursday, December 5th. ROYAL MAIL PLC/ADR’s dividend payout ratio is presently 90.12%.
About ROYAL MAIL PLC/ADR
Royal Mail plc, together with its subsidiaries, operates as an universal postal service provider in the United Kingdom, the United States, and other European countries. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. The company also provides services for the collection, sorting, and delivery of parcels and letters; and designs and produces stamps and philatelic items, as well as offers media and marketing mail services.
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