Ricardo plc (RCDO) Insider Sells £127,018.71 in Stock
Ricardo plc (LON:RCDO) insider Ian Gibson sold 15,509 shares of the business’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of GBX 819 ($10.81), for a total transaction of £127,018.71 ($167,615.08).
Shares of Ricardo plc (RCDO) traded down 0.03% during mid-day trading on Tuesday, hitting GBX 813.25. 7,930 shares of the stock were exchanged. The stock’s market capitalization is GBX 431.83 million. The stock’s 50 day moving average price is GBX 803.79 and its 200-day moving average price is GBX 806.43. Ricardo plc has a 12-month low of GBX 691.00 and a 12-month high of GBX 1,000.00.
Ricardo plc (LON:RCDO) last announced its quarterly earnings data on Thursday, September 14th. The company reported GBX 55.70 ($0.74) earnings per share (EPS) for the quarter, beating the Zacks’ 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 for the quarter. On average, equities research analysts expect that Ricardo plc will post $55.15 EPS for the current fiscal year.
The company also recently disclosed a dividend, which will be paid on Friday, November 17th. Investors of record on Thursday, October 26th will be paid a GBX 13.88 ($0.18) dividend. This is a boost from Ricardo plc’s previous dividend of $5.42. This represents a yield of 1.73%. The ex-dividend date of this dividend is Thursday, October 26th.
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A number of brokerages have recently commented on RCDO. Peel Hunt reissued an “add” rating and issued a GBX 1,019 ($13.45) price objective on shares of Ricardo plc in a research report on Thursday, July 6th. Berenberg Bank reissued a “hold” rating on shares of Ricardo plc in a research report on Wednesday, September 6th. Jefferies Group LLC reissued a “buy” rating and issued a GBX 1,043 ($13.76) price objective on shares of Ricardo plc in a research report on Sunday, September 17th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 875 ($11.55) price objective on shares of Ricardo plc in a research report on Thursday, September 14th.
Ricardo plc Company Profile
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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