Ricardo (LON:RCDO) Stock Rating Reaffirmed by Liberum Capital

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Liberum Capital restated their buy rating on shares of Ricardo (LON:RCDO) in a report issued on Thursday, ThisIsMoney.Co.Uk reports.

Several other research firms have also issued reports on RCDO. Peel Hunt restated a hold rating and issued a GBX 783 ($10.23) price target on shares of Ricardo in a research report on Monday, July 1st. Peel Hunt restated a hold rating on shares of Ricardo in a research report on Monday, September 9th.

Ricardo stock opened at GBX 664 ($8.68) on Thursday. The company has a debt-to-equity ratio of 39.60, a quick ratio of 1.60 and a current ratio of 1.85. The firm has a market cap of $354.62 million and a price-to-earnings ratio of 18.97. Ricardo has a 1 year low of GBX 572 ($7.47) and a 1 year high of GBX 890 ($11.63). The firm’s 50 day moving average price is GBX 708.70 and its two-hundred day moving average price is GBX 714.19.

The firm also recently declared a dividend, which will be paid on Thursday, November 21st. Shareholders of record on Thursday, November 7th will be given a GBX 15.28 ($0.20) dividend. This is a positive change from Ricardo’s previous dividend of $6.00. The ex-dividend date is Thursday, November 7th. This represents a yield of 2.36%. Ricardo’s payout ratio is 0.60%.

About Ricardo

Ricardo plc primarily provides engineering, technical, environmental, and strategic consultancy services for transportation original equipment manufacturers and operators, energy companies, financial institutions, and government agencies. The company operates through Technical Consulting and Performance Products segments.

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