ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) – Investment analysts at Jefferies Financial Group dropped their FY2022 earnings per share estimates for ROYAL MAIL PLC/ADR in a report released on Monday, February 3rd. Jefferies Financial Group analyst D. Kerstens now expects that the company will post earnings of $0.44 per share for the year, down from their previous forecast of $0.46.
Several other analysts have also issued reports on ROYMY. Berenberg Bank lowered ROYAL MAIL PLC/ADR from a “hold” rating to a “sell” rating in a report on Tuesday. Zacks Investment Research raised ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research report on Friday, November 8th. Finally, Sanford C. Bernstein cut ROYAL MAIL PLC/ADR from an “outperform” rating to a “market perform” rating in a research report on Friday, November 29th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. ROYAL MAIL PLC/ADR presently has an average rating of “Hold”.
Shares of ROYMY opened at $5.06 on Tuesday. The firm has a market capitalization of $2.62 billion, a P/E ratio of 6.25 and a beta of 1.34. The business has a fifty day moving average of $5.75 and a 200 day moving average of $5.45. ROYAL MAIL PLC/ADR has a one year low of $4.49 and a one year high of $7.64.
The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, January 30th. Stockholders of record on Friday, December 6th were given a dividend of $0.165 per share. The ex-dividend date was Thursday, December 5th. ROYAL MAIL PLC/ADR’s payout ratio is currently 40.74%.
About ROYAL MAIL PLC/ADR
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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