Ricardo plc (RCDO) Insider Buys £4,878.72 in Stock

Ricardo plc (LON:RCDO) insider Laurie Bowen bought 672 shares of the company’s stock in a transaction dated Wednesday, November 7th. The stock was bought at an average cost of GBX 726 ($9.49) per share, with a total value of £4,878.72 ($6,374.91).

Shares of LON:RCDO opened at GBX 702 ($9.17) on Friday. Ricardo plc has a fifty-two week low of GBX 691 ($9.03) and a fifty-two week high of GBX 1,028.18 ($13.43).

Ricardo (LON:RCDO) last announced its quarterly earnings data on Thursday, September 13th. The company reported GBX 57.30 ($0.75) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 55.90 ($0.73) by GBX 1.40 ($0.02).

The firm also recently disclosed a dividend, which will be paid on Friday, November 23rd. Investors of record on Thursday, November 8th will be given a dividend of GBX 14.71 ($0.19) per share. This represents a dividend yield of 1.72%. The ex-dividend date of this dividend is Thursday, November 8th. This is an increase from Ricardo’s previous dividend of $5.75.

Several research firms have recently weighed in on RCDO. Liberum Capital reissued a “buy” rating and issued a GBX 1,130 ($14.77) target price on shares of Ricardo in a research report on Thursday, September 13th. Berenberg Bank reissued a “sell” rating and issued a GBX 680 ($8.89) target price on shares of Ricardo in a research report on Wednesday, August 22nd. Finally, Peel Hunt reissued a “buy” rating on shares of Ricardo in a research report on Wednesday, July 25th.

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Ricardo Company Profile

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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