Ricardo (LON:RCDO) released its earnings results on Thursday. The company reported GBX 57.30 ($0.75) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 55.90 ($0.73) by GBX 1.40 ($0.02), Bloomberg Earnings reports. Ricardo had a return on equity of 20.93% and a net margin of 8.32%.

RCDO stock opened at GBX 880 ($11.46) on Friday. Ricardo has a 1-year low of GBX 691 ($9.00) and a 1-year high of GBX 1,028.18 ($13.39).

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

RCDO has been the topic of several analyst reports. Berenberg Bank reissued a “sell” rating and issued a GBX 680 ($8.86) target price on shares of Ricardo in a report on Wednesday, August 22nd. Peel Hunt reissued a “buy” rating on shares of Ricardo in a report on Wednesday, July 25th. Finally, Liberum Capital reissued a “buy” rating on shares of Ricardo in a report on Wednesday, July 25th.

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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