Ricardo plc (LON:RCDO) declared a dividend on Thursday, September 13th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 8th will be paid a dividend of GBX 14.71 ($0.19) per share on Friday, November 23rd. This represents a dividend yield of 1.72%. The ex-dividend date is Thursday, November 8th. This is a positive change from Ricardo’s previous dividend of $5.75. The official announcement can be accessed at this link.
RCDO stock opened at GBX 708 ($9.25) on Friday. Ricardo has a 12 month low of GBX 691 ($9.03) and a 12 month high of GBX 1,028.18 ($13.43).
Ricardo (LON:RCDO) last released its quarterly earnings results on Thursday, September 13th. The company reported GBX 57.30 ($0.75) EPS for the quarter, topping analysts’ consensus estimates of GBX 55.90 ($0.73) by GBX 1.40 ($0.02). Ricardo had a net margin of 8.32% and a return on equity of 20.93%.
A number of brokerages recently weighed in on RCDO. Liberum Capital reiterated a “buy” rating on shares of Ricardo in a report on Wednesday, July 25th. Berenberg Bank reiterated a “sell” rating and set a GBX 680 ($8.89) price objective on shares of Ricardo in a report on Thursday, September 6th. Finally, Peel Hunt reiterated a “buy” rating on shares of Ricardo in a report on Thursday, September 13th.
In other news, insider Ian Gibson sold 5,139 shares of the business’s stock in a transaction dated Thursday, October 25th. The shares were sold at an average price of GBX 720 ($9.41), for a total value of £37,000.80 ($48,348.10). Also, insider Dave Shemmans sold 19,685 shares of the business’s stock in a transaction dated Friday, October 19th. The shares were sold at an average price of GBX 772 ($10.09), for a total transaction of £151,968.20 ($198,573.37).
Ricardo plc primarily provides engineering, technical, environmental, and strategic consultancy services for transportation original equipment manufacturers and operators, supply chain organizations, energy companies, financial institutions, and government agencies. The company operates through Technical Consulting and Performance Products segments.
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