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Royal Mail PLC (LON:RMG) insider Stuart Simpson sold 19,354 shares of Royal Mail stock in a transaction dated Friday, June 26th. The shares were sold at an average price of GBX 158 ($2.01), for a total value of £30,579.32 ($38,919.84).
Stuart Simpson also recently made the following trade(s):
- On Monday, June 15th, Stuart Simpson bought 57 shares of Royal Mail stock. The stock was bought at an average cost of GBX 174 ($2.21) per share, for a total transaction of GBX 9,918 ($126.23).
- On Friday, May 15th, Stuart Simpson bought 58 shares of Royal Mail stock. The shares were bought at an average price of GBX 174 ($2.21) per share, with a total value of £100.92 ($128.45).
- On Wednesday, April 15th, Stuart Simpson purchased 71 shares of Royal Mail stock. The stock was bought at an average cost of GBX 141 ($1.79) per share, with a total value of £100.11 ($127.42).
RMG traded up GBX 7.50 ($0.10) on Monday, hitting GBX 165 ($2.10). 12,500,182 shares of the company were exchanged, compared to its average volume of 5,850,000. The firm has a fifty day simple moving average of GBX 175.29 and a two-hundred day simple moving average of GBX 180.77. The company has a debt-to-equity ratio of 32.69, a quick ratio of 0.74 and a current ratio of 0.76. Royal Mail PLC has a 12 month low of GBX 118.86 ($1.51) and a 12 month high of GBX 258.60 ($3.29). The stock has a market capitalization of $1.65 billion and a PE ratio of 5.11.
Royal Mail (LON:RMG) last released its quarterly earnings data on Thursday, June 25th. The company reported GBX 19.60 ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of GBX 21.70 ($0.28) by GBX (2.10) (($0.03)). On average, equities analysts expect that Royal Mail PLC will post 2834.0001931 earnings per share for the current year.
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Several analysts have recently weighed in on RMG shares. Barclays lowered their price objective on shares of Royal Mail from GBX 250 ($3.18) to GBX 200 ($2.55) and set an “overweight” rating on the stock in a research report on Friday. Berenberg Bank reaffirmed a “sell” rating on shares of Royal Mail in a research note on Thursday, June 11th. Jefferies Financial Group reiterated an “underperform” rating on shares of Royal Mail in a report on Friday. Citigroup reissued a “buy” rating on shares of Royal Mail in a report on Monday, June 22nd. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Royal Mail in a research note on Friday. Six analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 159.25 ($2.03).
Royal Mail 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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20 “Past Their Prime” Stocks to Dump From Your Portfolio
Did you know the S&P 500 as we know it today does not look anything close to what it looked like 30 years ago? In 1987, IBM, Exxon, GE, Shell, AT&T, Merck, Du Pont, Philip Morris, Ford and GM had the largest market caps on the S&P 500. ExxonMobil is the only company on that list to remain in the top 10 in 2017. Even just 15 years ago, companies like Radio Shack, AOL, Yahoo and Blockbuster were an important part of the S&P 500. Now, these companies no longer exist as public companies.
As the years go by, some companies lose their luster and others rise to the top of the markets. We’ve already seen this in the last few decades with tech companies surpassing industrial and energy companies that once dominated the S&P 500. It’s hard to know what the next mega trend will be that will knock Apple, Google and Amazon off the top rankings of the S&P 500, but we do know that companies won’t stay on the S&P 500 forever.
We’ve identified 20 companies that are past their prime. They aren’t at risk of a near-term delisting from the S&P 500, but they are showing negative earnings growth for the next several years. If you own any of these stocks, consider selling them now before they become the next Yahoo, Radio Shack, Blockbuster, AOL and are sold off for a fraction of their former value.
View the “20 “Past Their Prime” Stocks to Dump From Your Portfolio”.
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