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Royal Mail PLC (LON:RMG) insider Stuart Simpson acquired 49 shares of the firm’s stock in a transaction dated Monday, June 17th. The stock was bought at an average cost of GBX 205 ($2.68) per share, for a total transaction of £100.45 ($131.26).
Stuart Simpson also recently made the following trade(s):
- On Wednesday, May 15th, Stuart Simpson acquired 43 shares of Royal Mail stock. The stock was bought at an average cost of GBX 235 ($3.07) per share, for a total transaction of £101.05 ($132.04).
RMG stock traded down GBX 1.40 ($0.02) during mid-day trading on Wednesday, reaching GBX 210.10 ($2.75). 3,414,158 shares of the company’s stock were exchanged, compared to its average volume of 5,850,000. The firm has a market capitalization of $2.10 billion and a P/E ratio of 12.01. The firm has a 50 day moving average of GBX 205.67. The company has a current ratio of 0.82, a quick ratio of 0.73 and a debt-to-equity ratio of 12.04. Royal Mail PLC has a 12-month low of GBX 192 ($2.51) and a 12-month high of GBX 499.10 ($6.52).
The company also recently declared a dividend, which will be paid on Wednesday, September 4th. Stockholders of record on Thursday, July 25th will be given a dividend of GBX 17 ($0.22) per share. This is a positive change from Royal Mail’s previous dividend of $8.00. This represents a dividend yield of 7.43%. The ex-dividend date of this dividend is Thursday, July 25th. Royal Mail’s dividend payout ratio (DPR) is currently 1.43%.
A number of brokerages have recently commented on RMG. Liberum Capital reiterated a “hold” rating on shares of Daily Mail and General Trust P L C in a report on Tuesday, July 2nd. Societe Generale upgraded Royal Mail from a “sell” rating to a “hold” rating in a report on Friday, June 14th. Goldman Sachs Group cut SUMCO CORP/ADR from a “buy” rating to a “neutral” rating in a report on Monday, June 10th. HSBC reiterated a “hold” rating on shares of Royal Mail in a report on Friday, June 7th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,000 ($39.20) target price on shares of in a report on Monday, June 3rd. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. Royal Mail presently has a consensus rating of “Hold” and an average target price of GBX 250.46 ($3.27).
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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