Home / Royal Mail / ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) to Post FY2021 Earnings of $0.30 Per Share, Jefferies Financial Group Forecasts

ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) to Post FY2021 Earnings of $0.30 Per Share, Jefferies Financial Group Forecasts

ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) – Jefferies Financial Group cut their FY2021 earnings estimates for shares of ROYAL MAIL PLC/ADR in a research report issued on Sunday, December 1st, Zacks Investment Research reports. Jefferies Financial Group analyst D. Kerstens now expects that the company will post earnings per share of $0.30 for the year, down from their previous forecast of $0.45. Jefferies Financial Group also issued estimates for ROYAL MAIL PLC/ADR’s FY2023 earnings at $0.69 EPS.

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

Shares of ROYMY stock traded down $0.03 during trading on Wednesday, reaching $5.94. The company had a trading volume of 5,094 shares, compared to its average volume of 28,715. ROYAL MAIL PLC/ADR has a one year low of $4.49 and a one year high of $8.05. 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 firm’s 50 day simple moving average is $5.76 and its two-hundred day simple moving average is $5.37. The company has a market capitalization of $2.99 billion, a PE ratio of 7.37 and a beta of 1.26.

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

Read More: What does a market perform rating mean?

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

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