ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) – Research analysts at Jefferies Financial Group raised their FY2020 earnings per share (EPS) estimates for shares of ROYAL MAIL PLC/ADR in a report issued on Sunday, December 1st, according to Zacks Investment Research. Jefferies Financial Group analyst D. Kerstens now expects that the company will earn $0.54 per share for the year, up from their previous 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 brokerages have also recently weighed in on ROYMY. Zacks Investment Research upgraded shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a report on Friday, November 8th. Sanford C. Bernstein lowered shares of ROYAL MAIL PLC/ADR from an “outperform” rating to a “market perform” rating in a report on Friday, November 29th. Finally, ValuEngine upgraded shares of ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Seven equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. ROYAL MAIL PLC/ADR currently has a consensus rating of “Hold”.
Shares of ROYMY stock traded down $0.03 during trading hours on Tuesday, reaching $5.94. The company had a trading volume of 5,094 shares, compared to its average volume of 28,715. 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 has a market capitalization of $2.99 billion, a price-to-earnings ratio of 7.37 and a beta of 1.26. ROYAL MAIL PLC/ADR has a 12-month low of $4.49 and a 12-month high of $8.05. The stock has a fifty day moving average of $5.76 and a 200-day moving average of $5.37.
The business also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 30th. Stockholders of record on Friday, December 6th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Thursday, December 5th. ROYAL MAIL PLC/ADR’s payout ratio is 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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