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Ricardo
(LSE:RCDO)
Ricardo (RCDO) vs. iShares MSCI United Kingdom ETF (EWC)
Ricardo Business Overview & Revenue Model
Ricardo Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 474.70M | 445.20M | 380.20M | 343.70M | 352.00M | Gross Profit |
| 134.60M | 121.70M | 125.00M | 108.00M | 113.20M | EBIT |
| 12.80M | 40.80M | 18.10M | 9.20M | -2.30M | EBITDA |
| 33.20M | 17.80M | 33.80M | 26.50M | 29.70M | Net Income Common Stockholders |
| 700.00K | -5.40M | 8.60M | 1.70M | -6.50M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 48.60M | 49.80M | 49.40M | 42.00M | 66.30M | Total Assets |
| 428.80M | 448.80M | 418.80M | 390.60M | 426.50M | Total Debt |
| 130.70M | 137.00M | 109.20M | 113.20M | 169.00M | Net Debt |
| 82.10M | 87.20M | 59.80M | 71.20M | 102.70M | Total Liabilities |
| 263.60M | 272.20M | 221.20M | 207.80M | 277.40M | Stockholders Equity |
| 164.70M | 176.20M | 197.40M | 182.60M | 148.60M |
| Cash Flow | Free Cash Flow | |||
| 14.60M | 3.50M | 29.50M | 12.50M | -7.50M | Operating Cash Flow |
| 25.90M | 14.10M | 43.60M | 25.90M | 23.70M | Investing Cash Flow |
| -8.00M | -22.80M | -23.90M | -18.30M | -32.70M | Financing Cash Flow |
| -10.80M | 8.80M | -11.70M | -32.40M | 32.00M |
Ricardo Technical Analysis
Ricardo Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | £352.17M | 11.40 | 13.45% | 3.10% | -6.07% | 41.18% | |
78 Outperform | £660.17M | 14.59 | 22.62% | 3.20% | 3.23% | 2.00% | |
77 Outperform | £400.07M | 10.28 | 35.97% | 4.11% | 22.39% | 179.53% | |
68 Neutral | £347.10M | 27.74 | 5.32% | 2.93% | -0.65% | ― | |
66 Neutral | $4.52B | 12.34 | 5.41% | 3.62% | 4.15% | -12.18% | |
53 Neutral | £266.27M | 205.36 | -5.28% | 0.79% | -8.12% | -794.85% | |
52 Neutral | £23.16M | ― | -7.06% | 0.68% | -22.37% | -192.17% |
Ricardo Corporate Events
Ricardo PLC has announced the proposed adjournment of a requisitioned general meeting initially called by Science Group plc and Ropemaker Nominees Limited. This decision follows the withdrawal of the requisition notice by Science Group after the announcement of a recommended cash acquisition by WSP Group Limited, a subsidiary of WSP Global Inc., which plans to acquire all issued and to be issued share capital of Ricardo. The acquisition terms are set at 430 pence per Ricardo share, with provisions for potential adjustments under specific conditions. This move is expected to significantly impact Ricardo’s operations and market positioning, as it aligns with WSP Global’s strategic interests. The Board advises shareholders not to attend the now unnecessary meeting, although they may do so if they wish.
The most recent analyst rating on (GB:RCDO) stock is a Hold with a £280.00 price target. To see the full list of analyst forecasts on Ricardo stock, see the GB:RCDO Stock Forecast page.
Ricardo PLC has announced a significant change in its shareholder structure, with Science Group plc acquiring or disposing of voting rights, resulting in a decrease of their voting rights from 21.758273% to 0.151030%. This shift could impact Ricardo’s governance and strategic decisions, potentially affecting its market positioning and stakeholder interests.
The most recent analyst rating on (GB:RCDO) stock is a Hold with a £280.00 price target. To see the full list of analyst forecasts on Ricardo stock, see the GB:RCDO Stock Forecast page.
Ricardo PLC has announced a change in its voting rights structure following the acquisition of shares by Science Group plc. The acquisition has increased Science Group’s voting rights in Ricardo PLC to 21.76%, up from 20.08%, indicating a significant shift in shareholder influence that could impact future company decisions and stakeholder interests.
The most recent analyst rating on (GB:RCDO) stock is a Hold with a £280.00 price target. To see the full list of analyst forecasts on Ricardo stock, see the GB:RCDO Stock Forecast page.
Ricardo plc has announced the publication of a circular to shareholders regarding a requisitioned general meeting to consider the removal of Mark Clare as a director and Chairman of the Board. The Board unanimously recommends shareholders vote against this resolution, asserting it is not in the best interests of the company or its shareholders. Despite this internal challenge, Ricardo remains confident in its financial performance for FY24/25, with a high percentage of net and gross revenue already secured, indicating stability and continued growth in its consulting businesses.
The most recent analyst rating on (GB:RCDO) stock is a Hold with a £280.00 price target. To see the full list of analyst forecasts on Ricardo stock, see the GB:RCDO Stock Forecast page.
Ricardo PLC, a company involved in various sectors, recently announced the purchase of 242 shares under its Share Incentive Plan (SIP) by key managerial personnel. This transaction, which involved deductions from the individuals’ gross salaries, highlights the company’s commitment to aligning employee interests with corporate performance. The purchase was conducted on the London Stock Exchange, reflecting Ricardo’s ongoing efforts to enhance stakeholder engagement and maintain transparency in its operations.
The most recent analyst rating on (GB:RCDO) stock is a Hold with a £280.00 price target. To see the full list of analyst forecasts on Ricardo stock, see the GB:RCDO Stock Forecast page.
Ricardo plc has announced that Science Group plc has requested a General Meeting to consider the removal of Mark Clare as a director and Chairman of the Board. The Board of Ricardo will convene the meeting in accordance with statutory timelines and advises shareholders to take no action at this time.
Ricardo PLC, a company involved in various sectors, announced the award of dividend shares under its Share Incentive Plan (SIP) to several key managerial personnel. This move reflects the automatic reinvestment of dividends received by these individuals. Additionally, the company’s CEO, Graham Ritchie, purchased shares as part of an automatic dividend reinvestment. These transactions are part of Ricardo’s compliance with the EU Market Abuse Regulation, ensuring transparency in managerial shareholdings.
Ricardo PLC has announced a positive financial and strategic update, indicating strong performance and strategic initiatives aimed at creating shareholder value. Despite recent market uncertainties, the company expects to meet analyst expectations for FY24/25, supported by secured revenues and cost-saving measures. Ricardo is focusing on enhancing collaboration between business units and continuing its portfolio transformation towards environmental and energy solutions. The company has achieved significant cost reductions and improved efficiency, with plans for further savings in FY25/26, ensuring a robust financial outlook.
Ricardo PLC has announced a change in its major holdings, with Science Group plc increasing its voting rights from 19.086420% to 20.078702%. This acquisition of voting rights signifies a strategic move by Science Group plc, potentially impacting Ricardo’s governance and future strategic decisions. The increase in holdings may influence Ricardo’s market positioning and stakeholder interests, as it reflects a heightened level of confidence and investment from Science Group plc.
Ricardo PLC has announced a change in its voting rights structure following an acquisition by Science Group plc, which now holds 19.086% of the voting rights, up from a previous 17.324%. This change in shareholding could impact Ricardo’s strategic direction and influence its decision-making processes, potentially affecting stakeholders and the company’s market positioning.
Ricardo PLC has announced a change in its major holdings, with Gresham House Asset Management Limited increasing its voting rights in the company to 23.18%, up from a previous 22.50%. This acquisition of voting rights signifies a strengthened position for Gresham House within Ricardo, potentially impacting the company’s strategic decisions and shareholder dynamics.
Ricardo PLC has announced a change in its major holdings, with Science Group plc acquiring a significant portion of voting rights, now holding 17.32% of the total. This acquisition marks an increase from a previous position of 16.13%, potentially impacting Ricardo’s strategic decisions and stakeholder interests.
Ricardo plc has rejected demands from Science Group plc to replace its Chairman, Mark Clare, amidst Science Group’s increasing stake in the company. The Board of Ricardo believes these actions are not in the best interest of its shareholders. Despite facing market challenges, Ricardo has been making strategic shifts towards environmental and energy transition solutions, including divesting its Defense segment and acquiring E3 Advisory Pty Ltd. The company has reported strong order intakes and improved financial performance, with a focus on long-term sustainable growth in its Energy & Environment and Rail segments.
Ricardo PLC has announced a change in its major holdings, with Science Group plc increasing its voting rights from 15.19% to 16.13%. This acquisition of voting rights signifies a strengthened influence of Science Group plc within Ricardo PLC, potentially impacting the company’s strategic decisions and stakeholder dynamics.
Ricardo PLC announced the vesting of 8,000 ordinary shares to Mike Bell, Chief Strategy and Digital Officer, under its 2020 Long Term Incentive Plan. This vesting, which was not subject to performance conditions, resulted in Bell realizing value from 3,760 shares at £2.48 each, increasing his total shareholding to 10,592 shares, representing 0.017% of the company’s issued share capital. This transaction aligns with the company’s obligations under the EU Market Abuse Regulation, potentially impacting the company’s governance transparency and shareholder value.
Ricardo plc is currently facing a strategic challenge from Science Group plc, which has been increasing its shareholding and intends to replace Ricardo’s Board directors without offering a premium for control. This move is seen as a distraction for Ricardo, which is focused on executing its strategy to improve business operations and deliver value to shareholders. The Board of Ricardo is committed to acting in the best interests of the company and plans to share further details with shareholders.
Ricardo plc has rejected demands from Science Group, which holds a 15.2% stake in the company, to replace key board members with their nominees. The Board views these demands as an attempt by Science Group to gain control without paying a takeover premium, especially as Ricardo is focused on simplifying operations and enhancing its focus on environmental and energy transition solutions. The Board believes Science Group’s actions could disrupt Ricardo’s strategic initiatives and potentially lead to governance non-compliance. Ricardo’s Board urges shareholders to reject Science Group’s demands, citing past aggressive tactics by Science Group in other takeovers.
Ricardo PLC has announced a change in its major holdings, with Science Group plc acquiring a significant portion of voting rights, now holding 15.186874% of the total. This acquisition marks an increase from their previous position of 14.183925%, potentially impacting Ricardo’s strategic decisions and stakeholder dynamics.