Home / Royal Mail / Brokers Issue Forecasts for ROYAL MAIL PLC/ADR’s FY2021 Earnings (OTCMKTS:ROYMY)

Brokers Issue Forecasts for ROYAL MAIL PLC/ADR’s FY2021 Earnings (OTCMKTS:ROYMY)

ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) – Equities researchers at Jefferies Financial Group decreased their FY2021 EPS estimates for ROYAL MAIL PLC/ADR in a research report issued to clients and investors on Sunday, December 1st. Jefferies Financial Group analyst D. Kerstens now expects that the company will earn $0.30 per share for the year, down from their previous estimate of $0.45. Jefferies Financial Group also issued estimates for ROYAL MAIL PLC/ADR’s FY2023 earnings at $0.69 EPS.

ROYMY has been the topic of a number of other reports. Zacks Investment Research upgraded shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. Sanford C. Bernstein cut shares of ROYAL MAIL PLC/ADR from an “outperform” rating to a “market perform” rating in a research note on Friday, November 29th. Finally, ValuEngine raised shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. ROYAL MAIL PLC/ADR currently has a consensus rating of “Hold”.

ROYAL MAIL PLC/ADR stock opened at $5.72 on Wednesday. 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 business has a 50 day simple moving average of $5.56 and a 200-day simple moving average of $5.30. ROYAL MAIL PLC/ADR has a 12 month low of $4.49 and a 12 month high of $8.05. The stock has a market capitalization of $2.68 billion, a PE ratio of 7.06 and a beta of 1.26.

The firm also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 30th. Shareholders of record on Friday, December 6th will be given a dividend of $0.165 per share. The ex-dividend date is Thursday, December 5th. ROYAL MAIL PLC/ADR’s payout ratio is 90.12%.

ROYAL MAIL PLC/ADR Company Profile

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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Earnings History and Estimates for ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY)

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