Home / Royal Mail / Jefferies Financial Group Analysts Boost Earnings Estimates for ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY)

Jefferies Financial Group Analysts Boost Earnings Estimates for ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY)

ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) – Stock analysts at Jefferies Financial Group upped their FY2020 earnings estimates for shares of ROYAL MAIL PLC/ADR in a note issued to investors on Sunday, December 1st, Zacks Investment Research reports. Jefferies Financial Group analyst D. Kerstens now anticipates that the company will post earnings of $0.54 per share for the year, up from their prior forecast of $0.51. Jefferies Financial Group also issued estimates for ROYAL MAIL PLC/ADR’s FY2022 earnings at $0.46 EPS and FY2024 earnings at $0.91 EPS.

A number of other research firms have also recently weighed in 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 raised shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Zacks Investment Research raised shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Friday, November 8th. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has a consensus rating of “Hold”.

Shares of OTCMKTS ROYMY opened at $5.67 on Tuesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.78 and a current ratio of 0.80. The company’s fifty day moving average is $5.57 and its two-hundred day moving average is $5.29. The firm has a market capitalization of $2.84 billion, a P/E ratio of 7.00 and a beta of 1.26. ROYAL MAIL PLC/ADR has a one year low of $4.49 and a one year high of $8.05.

The firm also recently declared 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 40.74%.

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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