FY2018 EPS Estimates for Royal Mail Plc (ROYMY) Boosted by Analyst
Royal Mail Plc (OTCMKTS:ROYMY) – Jefferies Group boosted their FY2018 earnings per share (EPS) estimates for Royal Mail Plc in a report released on Friday. Jefferies Group analyst D. Kerstens now anticipates that the company will earn $0.96 per share for the year, up from their previous forecast of $0.90. Jefferies Group also issued estimates for Royal Mail Plc’s FY2019 earnings at $0.96 EPS.
Separately, Zacks Investment Research upgraded Royal Mail Plc from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research note on Thursday, September 21st.
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Royal Mail Plc (OTCMKTS ROYMY) traded up $0.40 during trading on Monday, reaching $11.07. The company’s stock had a trading volume of 43,602 shares, compared to its average volume of 73,624. Royal Mail Plc has a 12-month low of $9.75 and a 12-month high of $11.95. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.71 and a current ratio of 0.72.
The firm also recently declared a None dividend, which will be paid on Thursday, January 25th. Stockholders of record on Friday, December 8th will be paid a $0.173 dividend. The ex-dividend date of this dividend is Thursday, December 7th.
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