Ricardo plc (RCDO) Plans Dividend of GBX 13.88
Ricardo plc (LON:RCDO) declared a dividend on Thursday, September 14th, Upcoming.Co.Uk reports. Investors of record on Thursday, October 26th will be paid a dividend of GBX 13.88 ($0.18) per share on Friday, November 17th. This represents a yield of 1.73%. The ex-dividend date is Thursday, October 26th. This is a positive change from Ricardo plc’s previous dividend of $5.42. The official announcement can be accessed at this link.
Shares of Ricardo plc (RCDO) opened at 835.50 on Friday. Ricardo plc has a 52 week low of GBX 691.00 and a 52 week high of GBX 1,000.00. The firm’s market cap is GBX 443.64 million. The stock’s 50 day moving average is GBX 789.08 and its 200-day moving average is GBX 808.93.
Ricardo plc (LON:RCDO) last released its quarterly earnings results on Thursday, September 14th. The company reported GBX 55.70 ($0.74) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 55.20 ($0.73) by GBX 0.50 ($0.01). Ricardo plc had a return on equity of 20.93% and a net margin of 8.32%. The business had revenue of £352.10 million during the quarter. On average, equities analysts predict that Ricardo plc will post $55.15 EPS for the current fiscal year.
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Several research firms have recently commented on RCDO. Peel Hunt restated an “add” rating and set a GBX 1,019 ($13.54) price target on shares of Ricardo plc in a research note on Thursday, July 6th. Berenberg Bank restated a “hold” rating on shares of Ricardo plc in a research note on Wednesday, September 6th. Jefferies Group LLC restated a “buy” rating and set a GBX 1,043 ($13.86) price target on shares of Ricardo plc in a research note on Sunday, September 17th. Finally, Liberum Capital restated a “buy” rating and set a GBX 875 ($11.63) price target on shares of Ricardo plc in a research note on Thursday, September 14th.
About Ricardo plc
Ricardo plc is a holding company engaged in engineering and strategic, technical and environmental consultancy business. The Company’s operating segments include Technical Consulting and Performance Products. Its Technical Consulting segment is engaged in the delivery of engineering programs and technology projects, together with environmental and management consultancy services.
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