Relx Plc (NYSE:RELX) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts give Relx an average rating of Moderate Buy, based on seven firms (three hold, three buy and one strong buy).
• Relx reported quarterly EPS of $42.81—well above the $0.85 consensus—while revenue of $3.19B missed expectations of $6.70B; the stock trades around $33 with a 50‑day/200‑day MA of $33.33/$39.63 and shows high leverage (debt/equity 2.38) and weak liquidity (current ratio 0.49).
• The company declared a $0.6559 dividend payable June 24 (ex‑dividend May 8), which MarketBeat lists as a notably high 422.0% yield.

Shares of Relx Plc (NYSE:RELX - Get Free Report) have been given an average rating of "Moderate Buy" by the seven research firms that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company.

Several brokerages have recently weighed in on RELX. Morgan Stanley reissued an "overweight" rating on shares of Relx in a research report on Monday, February 2nd. Wall Street Zen downgraded shares of Relx from a "buy" rating to a "hold" rating in a research note on Saturday, March 7th. Deutsche Bank Aktiengesellschaft upgraded shares of Relx from a "hold" rating to a "buy" rating in a report on Tuesday, December 9th. Weiss Ratings reissued a "hold (c+)" rating on shares of Relx in a research note on Monday, December 29th. Finally, Citigroup started coverage on shares of Relx in a report on Monday, January 12th. They set a "neutral" rating for the company.

Hedge Funds Weigh In On Relx

Several large investors have recently modified their holdings of RELX. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Relx during the 4th quarter worth about $26,000. Salomon & Ludwin LLC lifted its position in Relx by 1,646.2% in the third quarter. Salomon & Ludwin LLC now owns 681 shares of the technology company's stock valued at $32,000 after buying an additional 642 shares during the last quarter. Nisa Investment Advisors LLC lifted its position in Relx by 191.7% in the third quarter. Nisa Investment Advisors LLC now owns 700 shares of the technology company's stock valued at $33,000 after buying an additional 460 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new position in Relx during the second quarter worth about $38,000. Finally, Cornerstone Planning Group LLC boosted its stake in Relx by 2,574.1% during the fourth quarter. Cornerstone Planning Group LLC now owns 722 shares of the technology company's stock worth $27,000 after buying an additional 695 shares during the period. Institutional investors and hedge funds own 15.02% of the company's stock.

Relx Stock Performance

Shares of Relx stock opened at $33.21 on Thursday. The business's 50 day moving average price is $33.33 and its 200 day moving average price is $39.63. The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 2.38. Relx has a one year low of $27.57 and a one year high of $56.33.

Relx (NYSE:RELX - Get Free Report) last issued its earnings results on Wednesday, February 11th. The technology company reported $42.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $41.96. The company had revenue of $3.19 billion during the quarter, compared to analysts' expectations of $6.70 billion. As a group, research analysts forecast that Relx will post 1.68 earnings per share for the current fiscal year.

Relx Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, June 24th. Investors of record on Friday, May 8th will be given a $0.6559 dividend. This represents a yield of 422.0%. The ex-dividend date is Friday, May 8th.

Relx Company Profile

RELX plc is a global provider of information, analytics and decision tools for professional and business customers. The company supplies content, data and analytical services that support decision-making across scientific, technical and medical research, legal and regulatory practice, and risk and business analytics. RELX's offerings are largely delivered via digital platforms and subscription services designed for institutions, corporations and professionals who require specialized, high-value information and workflow solutions.

RELX operates through distinct business lines that include Elsevier, which provides scientific, technical and medical journals, books and online platforms such as research and discovery tools; Legal and Professional services, which deliver legal, regulatory and compliance content and workflow solutions; Risk & Business Analytics, which offers data, analytics and decision tools for insurance, banking, corporate and government risk assessment; and Exhibitions, which organizes industry trade shows and events.

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