Top Page
Ricardo
(LSE:RCDO)
Ricardo (RCDO) vs. S&P 500 (SPY)
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 |
|---|---|---|---|---|---|---|---|
77 Outperform | £270.66M | 8.80 | 13.45% | 1.21% | -6.07% | 41.18% | |
77 Outperform | £356.98M | 9.06 | 35.97% | 4.88% | 22.39% | 179.53% | |
74 Outperform | £3.46B | 17.95 | 44.03% | 0.77% | 3.34% | 481.76% | |
74 Outperform | £1.55B | 11.74 | 21.67% | 3.62% | 10.41% | 11.04% | |
72 Outperform | £2.05B | 11.96 | 15.35% | 2.89% | 3.02% | -3.23% | |
62 Neutral | $7.70B | 13.14 | 3.53% | 3.32% | 3.90% | -14.25% | |
52 Neutral | £140.57M | 205.36 | -5.28% | 4.69% | -8.12% | -794.85% |
Ricardo Corporate Events
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.
Spark’s Take on GB:RCDO Stock
According to Spark, TipRanks’ AI Analyst, GB:RCDO is a Neutral.
Ricardo’s stock score reflects a balance of moderate financial performance and strategic initiatives, tempered by challenges in profitability and external corporate pressures. While revenue growth and cash flow improvements are positive, low profit margins and a board challenge present risks. Technical indicators are mixed, and valuation metrics suggest concerns despite a decent dividend yield. Overall, the stock presents a cautiously optimistic outlook with potential for improvement if strategic initiatives are successfully executed amid corporate challenges.
To see Spark’s full report on GB:RCDO stock, click here.
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.
Ricardo PLC announced the purchase of 295 shares under its Share Incentive Plan (SIP) for several key managerial personnel. This transaction, conducted on the London Stock Exchange, reflects the company’s commitment to aligning managerial interests with shareholder value, potentially impacting its market positioning and stakeholder relations.
Ricardo PLC has announced that Science Group plc has increased its voting rights in the company from 12.009165% to 14.183925% as of March 11, 2025. This acquisition of voting rights could potentially influence Ricardo’s strategic decisions and impact its market positioning, reflecting a significant interest from Science Group plc in Ricardo’s operations.
Ricardo PLC has announced a change in its voting rights structure following an acquisition by Science Group plc, which now holds 12.009165% of the voting rights in Ricardo. This acquisition marks a slight increase from a previous position of 11.672844%, potentially impacting Ricardo’s governance and strategic decisions as Science Group plc strengthens its influence within the company.
Ricardo PLC has announced a change in its major holdings, with Briarwood Chase Management LLC reducing its voting rights from 5.419% to 2.156%. This adjustment in holdings could influence Ricardo’s shareholder dynamics and potentially impact its strategic decisions, reflecting shifts in investor confidence or strategy.
Ricardo plc has reported strategic progress despite market challenges, highlighted by the acquisition of E3 Advisory and the sale of Ricardo Defense. These moves align with its strategy to focus on environmental and energy solutions, resulting in a solid improvement in operating profit and a reduction in net debt. The company has faced market headwinds impacting order timing, but remains confident in its mid-term growth prospects by diversifying into industrial segments and maintaining a focus on cost control and operational efficiency.
Ricardo PLC has announced a significant change in its shareholder structure, with Science Group plc acquiring a notable percentage of voting rights, now holding 11.67%. This acquisition marks a strategic move that could influence Ricardo’s future decisions and market positioning, potentially impacting stakeholders and the company’s operational dynamics.
Ricardo PLC has announced a change in its major holdings, with Science Group plc acquiring or disposing of voting rights, resulting in Science Group holding 8.46% of Ricardo’s voting rights. This change in holdings could influence Ricardo’s strategic decisions and market positioning, potentially impacting stakeholders and the company’s future operations.
Ricardo PLC, a company engaged in engineering and consulting services, announced the purchase of 296 shares under its Share Incentive Plan by managerial staff. This transaction, occurring on February 10, 2025, involved deductions from the participants’ salaries, indicating a structured approach to employee investment in the company. By facilitating managerial investment in company shares, Ricardo PLC aligns management interests with shareholder value, potentially enhancing its market positioning and demonstrating confidence in its strategic direction.
Ricardo PLC has announced a change in major holdings, with Aberforth Partners LLP now holding 11.12% of voting rights in the company, up from a previous 5.76%. This increase in shareholding by Aberforth Partners LLP signifies a significant shift in stakeholder dynamics, potentially impacting the company’s decision-making process and influencing its market positioning.
Ricardo PLC has announced a notification regarding a change in major holdings, specifically involving Aviva PLC in the acquisition or disposal of voting rights and financial instruments. This notification, triggered by a shift in direct interest levels, highlights a reduction in Aviva’s voting rights in Ricardo PLC from above 3% to below 3%, potentially impacting the company’s shareholder dynamics and voting power distribution.
Ricardo Plc announced that Carol Borg, currently serving as a Non-Executive Director and Audit Chair, will take on a new role as the Group Chief Financial Officer at AMADEUS IT GROUP, S.A., an IBEX 35 company listed on the Spanish Stock Exchange. Despite her new appointment, Borg will continue her responsibilities at Ricardo, highlighting her dual commitment and potentially strengthening Ricardo’s industry connections.
Ricardo PLC has announced a significant change in its shareholder voting rights, as abrdn plc’s affiliated investment management entities have reduced their voting rights below the 5% threshold due to trading activities on January 30, 2025. This adjustment in voting rights reflects changes in the company’s shareholder structure, potentially impacting Ricardo’s governance dynamics and signaling shifts in investor confidence or strategic interests.
Ricardo has announced its trading update ahead of the half-year results. The company has made strategic moves by acquiring Australia’s E3 Advisory and disposing of its Defense business, aligning with its focus on energy and environmental solutions. While these transformations position Ricardo for long-term growth, short-term challenges include delays in orders affecting revenue and profit. However, the company has seen a 10% rise in order intake and expects continued growth in its Energy and Environment sector. Despite facing short-term headwinds, Ricardo remains optimistic about its medium-term growth prospects, driven by strategic contract wins and a transformative focus on sustainability.
Ricardo PLC has announced that it purchased a total of 142 shares for some of its key managerial personnel as part of its Share Incentive Plan. This move reflects the company’s commitment to aligning the interests of its executives with those of shareholders, potentially strengthening stakeholder confidence in the company’s management and future direction.
Ricardo PLC has experienced a change in the nature of its shares, specifically with shares being loaned out, which has resulted in a slight decrease in the percentage of direct voting rights from 3.01% to 2.94%. This notification, prompted by the change at the direct interest level, indicates that Aviva PLC maintains a total of 3.52% of voting rights through various controlled undertakings, potentially impacting stakeholder perceptions and investment strategies.
Ricardo PLC has announced a change in its board of directors, with Malin Persson retiring as a Non-Executive Director at the end of January 2025 after nine years of service. In her place, Russell King has been appointed as the Senior Independent Director, and Sian Lloyd Rees will take on the role of Responsible Business Committee Chair effective February 1, 2025. The company expresses gratitude for Persson’s significant contributions during a transformative period for Ricardo and her efforts in establishing the Responsible Business Committee.
Ricardo PLC has issued a notification regarding a change in major holdings, as Aviva PLC has adjusted its voting rights, crossing a 3% threshold. This adjustment signifies a shift in Aviva’s direct interest and may influence the company’s governance and strategic decisions, reflecting Aviva’s continued involvement in Ricardo’s shareholder structure.