Should I buy or sell Reach stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reach in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" RCH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RCH, but not buy additional shares or sell existing shares. View RCH analyst ratings or view top-rated stocks .

What is Reach's stock price target for 2024?

1 analysts have issued 1 year price objectives for Reach's stock. Their RCH share price targets range from GBX 75 to GBX 75. On average, they predict the company's share price to reach GBX 75 in the next year. This suggests a possible upside of 10.1% from the stock's current price. View analysts price targets for RCH or view top-rated stocks among Wall Street analysts .

How have RCH shares performed in 2024?

Reach's stock was trading at GBX 74.90 at the start of the year. Since then, RCH stock has decreased by 9.1% and is now trading at GBX 68.10. View the best growth stocks for 2024 here .

How were Reach's earnings last quarter?

Reach plc (LON:RCH) issued its quarterly earnings data on Monday, September, 28th. The company reported $14.60 EPS for the quarter, beating analysts' consensus estimates of $12.50 by $2.10. Reach had a net margin of 3.78% and a trailing twelve-month return on equity of 3.37%.

How often does Reach pay dividends? What is the dividend yield for Reach?

Reach announced a dividend on Tuesday, March 5th. Shareholders of record on Thursday, May 9th will be paid a dividend of GBX 4.46 per share on Friday, May 31st. This represents a dividend yield of 7.5%. The ex-dividend date is Thursday, May 9th. This is a positive change from the stock's previous dividend of GBX 2.88. The official announcement can be viewed at this link . Read our dividend analysis for RCH .

Is Reach a good dividend stock?

Reach (LON:RCH) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 9.44%. RCH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 10,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for RCH .

What other stocks do shareholders of Reach own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Reach investors own include Hurricane Energy (HUR) , Best of the Best (BOTB) , boohoo group (BOO) , Belvoir Group (BLV) , The Berkeley Group (BKG) , Billington (BILN) , American Express (AXP) , Auto Trader Group (AUTO) , Aptiv (APTV) and Altitude Group (ALT) .

How do I buy shares of Reach?

Shares of RCH stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:RCH

Reach (RCH) Share Price, News & Analysis

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Free RCH Stock Alerts

GBX 68.10

-0.80 (-1.16%)

(As of 04/17/2024 ET)

Compare

Today's Range: 67.50
▼
69.35
50-Day Range: 59.10
▼
78.40
52-Week Range: 58.47
▼
88.37

Volume: 496,351 shs
Average Volume: 712,851 shs
Market Capitalization: £216.54 million

P/E Ratio: 972.86
Dividend Yield: 10.28%
Price Target: GBX 75

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

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Reach MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 10.1% Upside
GBX 75 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.42 out of 5 stars

2.0

Analyst's Opinion

Consensus Rating
Reach has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Reach has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for RCH.

1.7

Dividend Strength

Dividend Leadership
Reach is a leading dividend payer. It pays a dividend yield of 9.44%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Reach does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Reach is 10,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RCH.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Reach this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Reach insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.20% of the stock of Reach is held by insiders.
Percentage Held by Institutions
80.03% of the stock of Reach is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Reach is 972.86, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 140.34.
Price to Earnings Ratio vs. Sector
The P/E ratio of Reach is 972.86, which means that it is trading at a more expensive P/E ratio than the Communication Services sector average P/E ratio of about 462.48.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Reach, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Reach has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Reach Stock (LON:RCH)

Reach plc operates as a national and regional commercial news publisher in the United Kingdom and Ireland. The company has various national and regional brands across print and online, including Mirror, Express, Daily Star, Daily Record, Manchester Evening News, Liverpool Echo, Irish Star, OK! magazine, WalesOnline, MyLondon, and Curiously, as well as HullLive, edinburghlive, LeicestershireLive, CorkBeo, ChronicleLive, ECHO, TeessideLive, DevonLive, YorkshireLive, football.london, BirminghamLive, new, BristolLive, and Belfastlive. It is also involved in the circulation; digital classified print advertising; third-party printing contracts; print other activities comprising contract publishing, syndication, and events; and digital display and transactional businesses. The company was formerly known as Trinity Mirror plc and changed its name to Reach plc in May 2018. Reach plc was incorporated in 1904 and is headquartered in London, the United Kingdom.

RCH Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RCH Stock News Headlines

April 17, 2024 | americanbankingnews.com

Reach (LON:RCH) Shares Down 3.4%

April 9, 2024 | msn.com

Threat against Rohnert Park student put school on lockdown as police searched for suspect

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March 29, 2024 | msn.com

Top priority for public health

March 29, 2024 | finance.yahoo.com

Reach (LON:RCH) Is Due To Pay A Dividend Of £0.0446

March 28, 2024 | investorplace.com

Bitcoin’s $300K Dream: Is Robert Kiyosaki’s Bold Prediction Within Reach?

March 9, 2024 | finance.yahoo.com

Reach (LON:RCH) Has Affirmed Its Dividend Of £0.0446

March 8, 2024 | finance.yahoo.com

Reach Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

April 17, 2024 | Priority Gold (Ad)

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March 7, 2024 | proactiveinvestors.com.au

Reach shares soar as it ramps up its digital focus

February 23, 2024 | lse.co.uk

Reach Plc Share Chat

February 19, 2024 | msn.com

Germany pledges 1.1 billion Euro military aid to Ukraine featuring cutting-edge RCH 155 howitzers

February 19, 2024 | investorplace.com

3 Stocks Primed to Reach Trillion-Dollar Valuation

February 17, 2024 | finance.yahoo.com

The Returns On Capital At Reach (LON:RCH) Don't Inspire Confidence

January 30, 2024 | msn.com

Prince Harry wants case against Mirror resolved as soon as possible - lawyers

January 21, 2024 | finance.yahoo.com

Is Reach plc (LON:RCH) Potentially Undervalued?

December 24, 2023 | investorplace.com

3 Growth Stocks Set to Reach $1 Trillion Status

December 22, 2023 | investorplace.com

3 Stocks Poised to Reach Trillion-Dollar Valuation by 2030

December 21, 2023 | cnbc.com

Southwest Airlines, pilots' union reach preliminary labor deal after years of contentious talks

December 15, 2023 | msn.com

Explainer: Prince Harry's phone-hacking lawsuit against UK's Mirror Group

December 15, 2023 | msn.com

Daily Mirror issues unreserved apology following Prince Harry phone hacking verdict

December 15, 2023 | msn.com

Daily Mirror says Prince Harry verdict will limit its phone-hacking bill

December 10, 2023 | finance.yahoo.com

Investors in Reach (LON:RCH) have unfortunately lost 37% over the last three years

November 8, 2023 | investing.com

Reach plc to cut 450 jobs amid inflation concerns, shifts focus on digital publishing

November 8, 2023 | uk.investing.com

UK's Daily Mirror owner Reach plans 450 job cuts

November 8, 2023 | reuters.com

Daily Mirror parent Reach plans to cut 450 full-time jobs

November 5, 2023 | usatoday.com

A radio burst traveled 8 billion years to reach Earth. It's the farthest ever detected.

See More Headlines

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Company Calendar

Last Earnings: 9/28/2020
Today: 4/17/2024
Ex-Dividend for 5/31 Dividend: 5/09/2024
Dividend Payable: 5/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Communication Services
Industry: Publishing
Sub-Industry: N/A
Current Symbol: LON:RCH
CUSIP: N/A
CIK: N/A
Web: www.reachplc.com
Phone: 44 20 7293 3000
Fax: N/A
Employees: 3,706
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 75
High Stock Price Target: GBX 75
Low Stock Price Target: GBX 75
Potential Upside/Downside: +10.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.07
Trailing P/E Ratio: 972.86
Forward P/E Ratio: 2.50
P/E Growth: -0.37
Net Income: £21.50 million
Net Margins: 3.78%
Pretax Margin: N/A
Return on Equity: 3.37%
Return on Assets: 4.16%

Debt

Debt-to-Equity Ratio: 9.92
Current Ratio: 0.86
Quick Ratio: 0.98

Sales & Book Value

Annual Sales: £568.60 million
Price / Sales: 0.38
Cash Flow: GBX 9.13 per share
Price / Cash Flow: 7.46
Book Value: GBX 203 per share
Price / Book: 0.34

Miscellaneous

Outstanding Shares: 317,980,000
Free Float: N/A
Market Cap: £216.54 million
Optionable: Not Optionable
Beta: 0.92

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Key Executives

Mr. James Mullen (Age 54)
CEO & Executive Director
Comp: $564k
Mr. Darren Fisher CPA (Age 58)
CFO & Executive Director
Comp: $601.03k
Mr. Alan Edmunds
Chief Operating Officer
Ms. Julia Warren
Group HR Director
Mr. Piers North
Chief Revenue Officer
Ms. Laura Elizabeth Harris
Company Secretary

Key Competitors

View All Competitors

RCH Stock Analysis - Frequently Asked Questions

Should I buy or sell Reach stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reach in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" RCH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RCH, but not buy additional shares or sell existing shares.
View RCH analyst ratings or view top-rated stocks.
What is Reach's stock price target for 2024?: 1 analysts have issued 1 year price objectives for Reach's stock. Their RCH share price targets range from GBX 75 to GBX 75. On average, they predict the company's share price to reach GBX 75 in the next year. This suggests a possible upside of 10.1% from the stock's current price.
View analysts price targets for RCH or view top-rated stocks among Wall Street analysts.
How have RCH shares performed in 2024?: Reach's stock was trading at GBX 74.90 at the start of the year. Since then, RCH stock has decreased by 9.1% and is now trading at GBX 68.10.
View the best growth stocks for 2024 here.
How were Reach's earnings last quarter?: Reach plc (LON:RCH) issued its quarterly earnings data on Monday, September, 28th. The company reported $14.60 EPS for the quarter, beating analysts' consensus estimates of $12.50 by $2.10. Reach had a net margin of 3.78% and a trailing twelve-month return on equity of 3.37%.

How often does Reach pay dividends? What is the dividend yield for Reach?: Reach announced a dividend on Tuesday, March 5th. Shareholders of record on Thursday, May 9th will be paid a dividend of GBX 4.46 per share on Friday, May 31st. This represents a dividend yield of 7.5%. The ex-dividend date is Thursday, May 9th. This is a positive change from the stock's previous dividend of GBX 2.88. The official announcement can be viewed at this link.
Read our dividend analysis for RCH.
Is Reach a good dividend stock?: Reach (LON:RCH) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 9.44%. RCH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 10,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for RCH.
What other stocks do shareholders of Reach own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Reach investors own include Hurricane Energy (HUR), Best of the Best (BOTB), boohoo group (BOO), Belvoir Group (BLV), The Berkeley Group (BKG), Billington (BILN), American Express (AXP), Auto Trader Group (AUTO), Aptiv (APTV) and Altitude Group (ALT).
How do I buy shares of Reach?: Shares of RCH stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:RCH) was last updated on 4/17/2024 by MarketBeat.com Staff

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Reach (RCH) Share Price, News & Analysis

Reach MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

Company Ownership

Earnings and Valuation

About Reach Stock (LON:RCH)

RCH Stock Price History

RCH Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

RCH Stock Analysis - Frequently Asked Questions

Overall MarketRank^™