Ricardo (LON:RCDO) Announces Earnings Results

Ricardo (LON:RCDO) announced its earnings results on Wednesday. The company reported GBX 4.70 ($0.06) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ricardo had a net margin of 0.15% and a return on equity of 0.42%.

Ricardo Stock Performance

Shares of RCDO opened at GBX 217 ($2.80) on Friday. The company has a market cap of £133.68 million, a price-to-earnings ratio of 191.09 and a beta of 0.58. The business’s fifty day simple moving average is GBX 309.57 and its two-hundred day simple moving average is GBX 394.96. Ricardo has a 12 month low of GBX 206 ($2.65) and a 12 month high of GBX 536.22 ($6.91). The company has a current ratio of 1.86, a quick ratio of 1.57 and a debt-to-equity ratio of 79.36.

Analyst Ratings Changes

RCDO has been the topic of several research analyst reports. Berenberg Bank reissued a “buy” rating and set a GBX 730 ($9.41) target price on shares of Ricardo in a research note on Tuesday, December 17th. Shore Capital raised Ricardo to a “hold” rating in a research report on Friday, February 7th.

Ricardo Company Profile

Ricardo plc is a global strategic, environmental, and engineering consulting company, listed on the London Stock Exchange. With over 100 years of engineering excellence and close to 3,000 employees in more than 20 countries, we provide exceptional levels of expertise in delivering innovative cross-sector sustainable outcomes to support energy transition and scarce resources, environmental services together with safe and smart mobility.