|Bid||170.55 x 0|
|Ask||170.70 x 0|
|Day's range||169.50 - 176.50|
|52-week range||118.86 - 258.60|
|Beta (5Y monthly)||1.21|
|PE ratio (TTM)||10.59|
|Earnings date||25 Jun 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||05 Dec 2019|
|1y target est||321.59|
Royal Mail's share price sank this week after the FTSE 250 company issued a very disappointing set of full-year results. What's the best move now?The post Royal Mail’s share price just tanked again. Here’s my view on the stock now appeared first on The Motley Fool UK.
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Royal Mail decided to cut jobs as it is struggling right now. Are its shares a bargain or a value trap? Anna Sokolidou tries to find out.The post Royal Mail to cut jobs! Is its stock a buy right now? appeared first on The Motley Fool UK.
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Royal Mail's share price slumped 12% today and investors might be wondering if it's cheap enough to buy. James J. McCombie doesn't think it is.The post Is the Royal Mail share price now cheap enough for an investor to buy? appeared first on The Motley Fool UK.
As the Royal Mail plc (LON:RMG) share price plunges again, Paul Summers asks whether the shares are now a canny contrarian buy.The post Royal Mail shares crash AGAIN, but are they now a bargain buy? appeared first on The Motley Fool UK.
A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.
Announcing a 31% fall in profits, the company said it plans to save 130 million pounds ($161.59 million) in staff costs next year and cut 300 million pounds in capital spending, the first stage of a three-step revival plan. Royal Mail shares traded 10% lower at 1220 GMT after it scrapped dividend payouts for 2020-2021. "The uncomfortable truth is that Royal Mail's abominable performance in recent years is largely because it has failed to adapt to a world where people send fewer letters and more parcels," eToro analyst Adam Vettese said.
The axing of around 2,000 management jobs is part of plan to save £300m in costs in the wake of the coronavirus crisis.
Shares in Royal Mail (LON:RMG) are currently trading at 180.59, but a key question for investors is how much the current economic uncertainty will affect its s...
The Royal Mail share price has been on an upswing over the past month. But can this recovery be sustained, with so many of its core issues still unresolved?The post The Royal Mail share price is rising fast. Is it a bargain buy for me now? appeared first on The Motley Fool UK.
The Royal Mail share price has surged in recent weeks, but the company is still facing major headwinds ahead and recently lost its CEO. The post The Royal Mail share price has soared 40%. Time to buy? appeared first on The Motley Fool UK.
The FTSE 250 (INDEXFTSE:MCX) has been rising since March's spectacular crash, but the RMG share price is on shaky ground. The post As the FTSE 250 index rises, will the RMG share price maintain its recovery? appeared first on The Motley Fool UK.
The stock market crash has thrown up plenty of bargains, but these two FTSE stocks look hugely undervalued to me and make tempting targets.The post Stock market crash bargains: I'd buy these 2 dirt-cheap FTSE shares today appeared first on The Motley Fool UK.
It's more than a year since Neil Woodford shut down his Equity Income Fund. Roland Head picks three value stocks he'd buy with cash from the fund.The post Forget Neil Woodford. I think these are the best UK stocks to buy today appeared first on The Motley Fool UK.
Quality and value are two of the most powerful drivers of stock market profits. After the economic turmoil and market volatility we've seen in 2020, it's possi...
The company said Back, who founded and ran Royal Mail's German arm GLS for almost three decades before taking over as group chief executive in 2018, had agreed with the board to step down with immediate effect and would leave the firm on Aug. 15. Non-executive chairman Keith Williams will act as interim executive chair of Royal Mail Group until a permanent CEO is appointed, the company said. Back last year promised a 1.8 billion pound programme to transform Royal Mail into a sustainable, profitable operation by 2024, but that turnaround plan has been delayed by labour unrest and uncertainty caused by the coronavirus crisis.
Deloitte, Amazon, Astrazeneca, and GlaxoSmithKline were among the firms thanked for playing their part in helping to increase testing capacity.
Shares in Royal Mail were down 8.4% at 148 pence by 1003 GMT. It also said volumes of advertising mail had fallen heavily since the outbreak and its international operations have seen lower volumes following restrictions in many countries, especially China, where the coronavirus began in December. The Royal Mail's announcement follows similar news from other major companies.
The former UK postal monopoly said advertising mail had fallen heavily due to the virus outbreak, while its international operations have also seen lower volumes due to restrictions in some countries, mainly China. Royal Mail said it was too early to accurately predict a monetary impact from the virus-related disruptions, but expects its UK business to be loss-making in fiscal 2020-21 and business-to-business volumes to continue to decline. Following guidance from the Financial Conduct Authority and Financial Reporting Council to British companies, Royal Mail said it will put off its fiscal 2019-20 results, which was earlier scheduled for May 21.
The Communication Workers Union (CWU), locked in a dispute with Royal Mail over direction, national agreements and workplace culture, said it had three meetings with Royal Mail since voting in favour of strike action last week. While both sides agreed to prioritise the current crisis, the CWU said there were also talks on resolving the dispute and that the company was willing to agree a process for further talks and had halted all action in the transformation push. In a statement in response to Reuters questions, however, the company declined to confirm it had put Chief Executive Rico Back's turnaround plans on ice.
Royal Mail said it is ready to discuss the CWU's proposals for future strategic business opportunities and is meeting with the union soon. The union members' vote in favour of strike comes a few weeks after Royal Mail's proposed 6% pay rise, which was part of a three-year deal with the CWU.