RMG.L - Royal Mail plc

LSE - LSE Delayed Price. Currency in GBp
167.10
+1.80 (+1.09%)
At close: 4:35PM BST
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Neutralpattern detected
Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close165.30
Open163.35
Bid166.95 x 0
Ask167.10 x 0
Day's Range163.16 - 168.30
52 Week Range118.86 - 258.60
Volume5,065,165
Avg. Volume7,095,123
Market Cap1.671B
Beta (5Y Monthly)1.21
PE Ratio (TTM)10.38
EPS (TTM)16.10
Earnings DateJun 25, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateDec 05, 2019
1y Target Est321.59
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
N/A
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
    View more
    • Are Insiders Buying Royal Mail plc (LON:RMG) Stock?
      Simply Wall St.

      Are Insiders Buying Royal Mail plc (LON:RMG) Stock?

      We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

    • Thomson Reuters StreetEvents

      Edited Transcript of RMG.L earnings conference call or presentation 25-Jun-20 8:00am GMT

      Full Year 2020 Royal Mail PLC Earnings Call

    • Royal Mail to cut 2,000 jobs as virus hits business
      BBC

      Royal Mail to cut 2,000 jobs as virus hits business

      The cuts in management roles come as coronavirus exacerbates a fall in the number of letters being sent.

    • Royal Mail to cut 2,000 jobs in fight to reform as profits shrink
      Reuters

      Royal Mail to cut 2,000 jobs in fight to reform as profits shrink

      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.

    • Boardroom shuffles become latest coping mechanism for companies battling COVID-19 fallout
      MarketWatch

      Boardroom shuffles become latest coping mechanism for companies battling COVID-19 fallout

      The CEO revolving door is spinning fast as U.K.-listed companies try to cope with the coronavirus crisis.

    • U.K. stocks hold gains but pound falls as U.S.-China tensions and Brexit fears resurface
      MarketWatch

      U.K. stocks hold gains but pound falls as U.S.-China tensions and Brexit fears resurface

      U.K. stocks gave back earlier gains and the pound slipped on Friday as Brexit concerns and U.S.-China trade tensions resurfaced.

    • Royal Mail CEO Back quits as board promises to spur change
      Reuters

      Royal Mail CEO Back quits as board promises to spur change

      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.

    • Don’t Buy Royal Mail plc (LON:RMG) Until You Understand Its ROCE
      Simply Wall St.

      Don’t Buy Royal Mail plc (LON:RMG) Until You Understand Its ROCE

      Today we'll look at Royal Mail plc (LON:RMG) and reflect on its potential as an investment. Specifically, we're going...

    • Coronavirus delays Royal Mail 'Journey 2024' turnaround plan
      Reuters

      Coronavirus delays Royal Mail 'Journey 2024' turnaround plan

      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.

    • At UK£1.54, Is Royal Mail plc (LON:RMG) Worth Looking At Closely?
      Simply Wall St.

      At UK£1.54, Is Royal Mail plc (LON:RMG) Worth Looking At Closely?

      Royal Mail plc (LON:RMG), which is in the logistics business, and is based in United Kingdom, received a lot of...

    • Short-Sellers Are Winning Their Bet Against the Royal Mail
      Bloomberg

      Short-Sellers Are Winning Their Bet Against the Royal Mail

      (Bloomberg Opinion) -- One big argument against Jeremy Corbyn’s plan to re-nationalize large chunks of the British economy was that it would prove eye-wateringly expensive. Yet one of the companies in the sights of the opposition Labour Party’s leader, Royal Mail Plc, is turning out to be anything but.The postal operator’s heavily shorted shares plunged 9% on Thursday to a fresh low after its management warned of deteriorating letter volumes and risks to the business from threatened strike action. During the Royal Mail’s initial public offering in 2013, the British government — which owned it at the time — was criticized for short-changing the public with a cheap offer price and gifting future profits to shareholders. But it seems it was taxpayers who got the bargain. The stock has almost halved since the IPO, valuing the company at just 1.7 billion pounds ($2.2 billion).In view of bleak cash flow expectations and large fixed costs — the company has 140,000 U.K. employees — there’s a danger that an already reduced dividend may need paring back again. Instead of clamoring for nationalization, now much less likely after Boris Johnson’s Tories won the recent election, the British public should be glad that Royal Mail is investors’ problem, not theirs.With urban streets clogged by e-commerce delivery vans these days, you’d think Royal Mail would be raking it in. The company’s European and U.S. parcel business, GLS, is doing well, but the U.K. is a different story. Having been starved of investment under state ownership and with a network designed for delivering letters, Royal Mail is poorly positioned to take advantage of the internet shopping boom. About one-quarter of parcels being delivered by Royal Mail are sorted automatically, compared to about 90% at its peers, Berenberg analysts note.Confidence that a new chief executive officer, Rico Back, can soothe workforce tensions and boost parcel revenues via investments in technology is evaporating. In 2018 employees won pay increases and a shorter working week in return for productivity improvements but the benefits haven’t fully materialized.The company won a court injunction to stop industrial action over the busy December period, but that will have further antagonized the workforce. Back, whose 5.8 million-pound “golden hello” contributed to a shareholder revolt when he took over, is already facing doubts over a new strategy unveiled in May.Letter volumes are projected to be worse than anticipated in the next fiscal year; email is more convenient and costs nothing. And efforts to introduce technology and restructure the business are behind schedule. Labor unrest has put off customers, making it increasingly likely that the British postal operations will make a loss in fiscal 2021. The following year is looking difficult too.Royal Mail is stuck. It can’t easily hike letter prices because doing so might accelerate the decline in volumes. Competition in parcels is brutal because gig-economy rivals don’t have the same fixed costs and worker protections, plus they can cherry pick profitable areas. Neither can the government let the company wriggle out of its expensive obligation to deliver the mail to some 30 million addresses six days a week. Johnson was elected on a promise of boosting the regions beyond London.Royal Mail would be harming itself if it reduced technology investments, which is why a dividend that costs 150 million pounds annually is vulnerable. At current prices, the shares yield almost 9%. Investors clearly believe a further cut to the payout is possible (it has already been reduced by 40%).Short-sellers including Blackrock Investment Management UK Ltd., Bodenholm Capital AB and JPMorgan Asset Management UK won’t worry about that. Royal Mail’s long-suffering shareholders are running out of reasons to keep the faith. To contact the author of this story: Chris Bryant at cbryant32@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Chris Bryant is a Bloomberg Opinion columnist covering industrial companies. He previously worked for the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

    • Does Royal Mail plc's (LON:RMG) P/E Ratio Signal A Buying Opportunity?
      Simply Wall St.

      Does Royal Mail plc's (LON:RMG) P/E Ratio Signal A Buying Opportunity?

      Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll apply a basic...

    • Rico Back Is The Group CEO & Director of Royal Mail plc (LON:RMG) And They Just Spent UK£702k On Shares
      Simply Wall St.

      Rico Back Is The Group CEO & Director of Royal Mail plc (LON:RMG) And They Just Spent UK£702k On Shares

      Royal Mail plc (LON:RMG) shareholders (or potential shareholders) will be happy to see that the Group CEO & Director...

    • Thomson Reuters StreetEvents

      Edited Transcript of RMG.L earnings conference call or presentation 21-Nov-19 9:30am GMT

      Half Year 2020 Royal Mail PLC Earnings Presentation

    • Royal Mail union loses appeal to overturn injunction halting strike
      Reuters

      Royal Mail union loses appeal to overturn injunction halting strike

      The Communications Workers Union (CWU) lodged an appeal with Britain's High Court last week after the former postal monopoly won the injunction to avert the first national strike by its workers in a decade. "Royal Mail is pleased that the Court of Appeal has upheld the High Court's decision... meaning that no industrial action can be taken before the completion of a lawful ballot", Shane O'Riordain, Managing Director of Regulation and Corporate Affairs said.

    • Reuters

      UPDATE 2-Trade woes knock European shares for the fourth day; Thyssenkrupp slumps

      European stocks dropped for a fourth straight day on Thursday as mixed headlines about U.S.-China trade talks muted risk appetite, while German conglomerate Thyssenkrupp suffered its worst day in nineteen years after scrapping its dividend. Thyssenkrupp tumbled more than 13% as it warned of deeper losses and asked investors for yet more patience over its turnaround. Fears that agreement of an initial trade deal between United States and China could slide into next year, as well as political tensions between the two sides due to the U.S. passing legislation backing protestors in Hong Kong, weighed on investor sentiment.

    • Labour Party Leader Jeremy Corbyn on Nationalization, Brexit, Climate
      Bloomberg

      Labour Party Leader Jeremy Corbyn on Nationalization, Brexit, Climate

      Nov.18 -- Jeremy Corbyn, leader of the U.K.'s opposition Labour Party, discusses plans to nationalize key industries including rail, postal services, water and the national grid if his party is elected into government. He also discusses Brexit, climate change and the outlook for his televised debate with Prime Minister Boris Johnson. He talks with Bloomberg's Anna Edwards in London. (Video edited to extend interview.)

    • What We Think Of Royal Mail plc’s (LON:RMG) Investment Potential
      Simply Wall St.

      What We Think Of Royal Mail plc’s (LON:RMG) Investment Potential

      Today we'll look at Royal Mail plc (LON:RMG) and reflect on its potential as an investment. To be precise, we'll...

    • Reuters

      UPDATE 1-Royal Mail offers to hold talks with CWU if union removes strike threat

      UK's Royal Mail Plc has written to the Communications Workers Union (CWU) saying it will enter into talks "without preconditions" if the union agrees to remove the threat of strike action over the Christmas, the company said https://www.royalmailgroup.com/en/press-centre/press-releases/royal-mail-group/royal-mail-update on Tuesday. "If the CWU agrees to rule out industrial action for the remainder of the calendar year – a critical time for our customers, we will commit to holding open discussions with no preconditions aimed at resolving the dispute," Royal Mail said in a statement. Reacting to the company's bid, the union said https://twitter.com/CWUnews/status/1189224576070377476 in a tweet it would consult the CWU Executive on Wednesday and determine its response.

    • Reuters

      Royal Mail offers to hold talks with CWU if union removes strike threat

      UK's Royal Mail Plc has written to the Communications Workers Union (CWU) saying it will enter into talks "without preconditions" if the union agrees to remove the threat of strike action over the Christmas, the company said https://www.royalmailgroup.com/en/press-centre/press-releases/royal-mail-group/royal-mail-update on Tuesday. "If the CWU agrees to rule out industrial action for the remainder of the calendar year – a critical time for our customers, we will commit to holding open discussions with no preconditions aimed at resolving the dispute," Royal Mail said in a statement. Reacting to the company's bid, the union said https://twitter.com/CWUnews/status/1189224576070377476 in a tweet it would consult the CWU Executive on Wednesday and determine its response.

    • Introducing Royal Mail (LON:RMG), The Stock That Slid 58% In The Last Three Years
      Simply Wall St.

      Introducing Royal Mail (LON:RMG), The Stock That Slid 58% In The Last Three Years

      In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...

    • These Factors Make Royal Mail plc (LON:RMG) An Interesting Investment
      Simply Wall St.

      These Factors Make Royal Mail plc (LON:RMG) An Interesting Investment

      As an investor, I look for investments which do not compromise one fundamental factor for another. By this I mean, I...

    • Is Royal Mail (LON:RMG) A Risky Investment?
      Simply Wall St.

      Is Royal Mail (LON:RMG) A Risky Investment?

      Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

    • Royal Mail plc (LON:RMG): Immense Growth Potential?
      Simply Wall St.

      Royal Mail plc (LON:RMG): Immense Growth Potential?

      In March 2019, Royal Mail plc (LON:RMG) released its earnings update. Generally, analysts seem cautiously optimistic...