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S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Agilent Technologies Proves Its Worth VS Illumina 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
Lowe’s Stands Out Amid Q2 Retail Reports 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
Stocks slip on Wall Street, erasing weekly gains for S&P 500
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
LON:RCN

Redcentric - RCN Share Forecast, Price & News

GBX 116
-1.00 (-0.85%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
115
116.99
50-Day Range
116
126.25
52-Week Range
1.22
141
Volume
1,295 shs
Average Volume
89,521 shs
Market Capitalization
£179.73 million
P/E Ratio
2,900.00
Dividend Yield
3.09%
Price Target
GBX 175

Redcentric MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
50.9% Upside
GBX 175 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
£4.96 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.86 out of 5 stars

RCN stock logo

About Redcentric (LON:RCN) Stock

Redcentric plc provides IT managed services in the United Kingdom. It offers network services, including connectivity, software-defined wide area network, local area network, managed wide area network, secure remote access, and cloud managed wireless network services; and cloud services consisting of infrastructure as a service, hybrid cloud, colocation hosting, cloud migration, platform as a service, online data backup and recovery, managed hosted desktops, and disaster recovery services. The company also provides communication services comprising IP telephony, SIP trunks, unified communications, collaboration, call management and reporting, and call recording services; and IT security services, including network security, application security, identity and access management, network security monitoring and analytics, and distributed denial of service mitigation services. In addition, it offers professional services, such as IT consulting, procurement and logistics, implementation, and support and maintenance services for public and private sector. The company was founded in 1997 and is headquartered in Harrogate, the United Kingdom.

Redcentric Trading Down 0.9 %

LON:RCN traded down GBX 1 ($0.01) during trading hours on Wednesday, reaching GBX 116 ($1.40). 1,295 shares of the company were exchanged, compared to its average volume of 89,521. Redcentric has a 52-week low of GBX 1.22 ($0.01) and a 52-week high of GBX 141 ($1.70). The stock has a 50 day simple moving average of GBX 120.54 and a 200 day simple moving average of GBX 119. The firm has a market cap of £179.73 million and a price-to-earnings ratio of 2,900.00. The company has a debt-to-equity ratio of 25.68, a current ratio of 0.85 and a quick ratio of 0.59.

Redcentric Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, September 16th. Shareholders of record on Thursday, July 28th will be given a dividend of GBX 2.40 ($0.03) per share. This represents a yield of 1.96%. The ex-dividend date of this dividend is Thursday, July 28th. This is an increase from Redcentric's previous dividend of $1.20. Redcentric's payout ratio is 10,000.00%.

Insiders Place Their Bets

In other news, insider Nick Bate acquired 40,000 shares of Redcentric stock in a transaction dated Tuesday, June 7th. The shares were acquired at an average cost of GBX 124 ($1.50) per share, with a total value of £49,600 ($59,932.33). In related news, insider Peter Brotherton sold 41,674 shares of the stock in a transaction dated Friday, June 17th. The stock was sold at an average price of GBX 112 ($1.35), for a total value of £46,674.88 ($56,397.87). Also, insider Nick Bate purchased 40,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 7th. The stock was purchased at an average price of GBX 124 ($1.50) per share, with a total value of £49,600 ($59,932.33).

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RCN Stock News Headlines

FTSE AIM All-Share Regulatory News
Redcentric PLC : Transaction in Own Shares
Is Redcentric plc (LON:RCN) Trading At A 27% Discount?
Redcentric PLC : Trading Update
The Return Trends At Redcentric (LON:RCN) Look Promising
Redcentric PLC : Result of AGM
Redcentric (LON:RCN) Has A Pretty Healthy Balance Sheet
Redcentric PLC
Redcentric PLC - Board Change
See More Headlines
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RCN Company Calendar

Ex-Dividend for 9/16 Dividend
7/28/2022
Today
8/17/2022
Dividend Payable
9/16/2022
Next Earnings (Estimated)
11/17/2022

Industry, Sector and Symbol

Industry
Information Technology Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
399
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
GBX 175
High Stock Price Forecast
GBX 175
Low Stock Price Forecast
GBX 175
Forecasted Upside/Downside
+50.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£93.33 million
Cash Flow
GBX 1.20 per share
Book Value
GBX 46.40 per share

Miscellaneous

Free Float
N/A
Market Cap
£179.73 million
Optionable
Not Optionable
Beta
N/A














RCN Stock - Frequently Asked Questions

Should I buy or sell Redcentric stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Redcentric in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" RCN shares.
View RCN analyst ratings
or view top-rated stocks.

What is Redcentric's stock price forecast for 2022?

1 Wall Street research analysts have issued 12 month price objectives for Redcentric's shares. Their RCN share price forecasts range from GBX 175 to GBX 175. On average, they expect the company's stock price to reach GBX 175 in the next year. This suggests a possible upside of 50.9% from the stock's current price.
View analysts price targets for RCN
or view top-rated stocks among Wall Street analysts.

How have RCN shares performed in 2022?

Redcentric's stock was trading at GBX 122.50 at the beginning of the year. Since then, RCN stock has decreased by 5.3% and is now trading at GBX 115.96.
View the best growth stocks for 2022 here
.

When is Redcentric's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 17th 2022.
View our RCN earnings forecast
.

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

Redcentric declared a dividend on Thursday, July 21st. Shareholders of record on Thursday, July 28th will be given a dividend of GBX 2.40 per share on Friday, September 16th. This represents a dividend yield of 1.96%. The ex-dividend date is Thursday, July 28th. This is an increase from the stock's previous dividend of GBX 1.20. The official announcement can be viewed at this link.
Read our dividend analysis for RCN
.

Is Redcentric a good dividend stock?

Redcentric (LON:RCN) pays an annual dividend of GBX 4 per share and currently has a dividend yield of 3.09%. 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 RCN.

What other stocks do shareholders of Redcentric own?
What is Redcentric's stock symbol?

Redcentric trades on the London Stock Exchange (LON) under the ticker symbol "RCN."

How do I buy shares of Redcentric?

Shares of RCN 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.

What is Redcentric's stock price today?

One share of RCN stock can currently be purchased for approximately GBX 115.96.

How much money does Redcentric make?

Redcentric (LON:RCN) has a market capitalization of £179.67 million and generates £93.33 million in revenue each year.

How many employees does Redcentric have?

The company employs 399 workers across the globe.

How can I contact Redcentric?

Redcentric's mailing address is Central House Beckwith Knowle, Otley Road, HARROGATE, HG3 1UG, United Kingdom. The official website for the company is www.redcentricplc.com. The company can be reached via phone at +44-1423-850000.

This page (LON:RCN) was last updated on 8/18/2022 by MarketBeat.com Staff

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