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LON:RKT

Reckitt Benckiser Group (RKT) Share Price, News & Analysis

GBX 4,363
+40.00 (+0.93%)
(As of 07/12/2024 ET)
Today's Range
4,329
4,368.31
50-Day Range
4,231
4,618
52-Week Range
4,102.64
6,006
Volume
613,607 shs
Average Volume
2.23 million shs
Market Capitalization
£30.73 billion
P/E Ratio
1,922.03
Dividend Yield
4.42%
Price Target
N/A
RKT stock logo

About Reckitt Benckiser Group Stock (LON:RKT)

Reckitt Benckiser Group plc manufactures and sells health, hygiene, and nutrition products worldwide. It offers acne treatment creams, facial washes, and cleansing pads; germ protection products; condoms; heartburn and indigestion solutions; joints health products; chest congestion, cough, and sinus remedies; brain health products; migraine-headaches and rheumatic pain products; sore throat medications; and hair removal products under the Airborne, Clearasil, Dettol, Durex, Gaviscon, Move Free, Neuriva, Nurofen, Mucinex, Strepsils, and Veet brands. The company also offers home fragrances and devices; water softeners; home cleaning products; dish washes; toilet cleaners; disinfecting sprays wipes, laundry sanitisers, and others; sprays, baits, and plug-ins for pest control; stain removals; and fabric washing under the Air Wick, Calgon, Cillit Bang, Finish, Harpic, Lysol, Mortein, Vanish, and Woolite brands. In addition, it provides nutritious complementary foods and milk formulas for infant and young children under the Enfamil and Nutramigen brands. The company was founded in 1819 and is headquartered in Slough, the United Kingdom.

RKT Stock Price History

RKT Stock News Headlines

Reckitt Benckiser Group PLC (3RB.BE)
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My grim warning about AI stocks
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
See More Headlines
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Company Calendar

Ex-Dividend for 5/24 Dividend
4/11/2024
Dividend Payable
5/24/2024
Today
7/14/2024

Industry, Sector and Symbol

Industry
Household & Personal Products
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
40,000
Year Founded
N/A

Profitability

Net Income
£1.63 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£14.61 billion
Cash Flow
GBX 133.41 per share
Book Value
GBX 1,183 per share

Miscellaneous

Free Float
N/A
Market Cap
£30.73 billion
Optionable
Not Optionable
Beta
0.06
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Key Executives

  • Mr. Kristoffer Loe Licht (Age 48)
    CEO & Executive Director
    Comp: $2.54M
  • Ms. Shannon Sue Eisenhardt (Age 50)
    CFO & Executive Director
    Comp: $830.86k
  • Mr. Filippo Catalano (Age 51)
    Chief Information & Digitisation Officer
  • Mr. Richard Joyce
    Head of Investor Relations
  • Ms. Catheryn O'Rourke (Age 51)
    Senior VP, General Counsel & Company Secretary
  • Mr. Fabrice Beaulieu (Age 50)
    Chief Marketing, Sustainability & Corporate Affairs Officer
  • Mr. Ranjay Radhakrishnan (Age 53)
    Chief Human Resources Officer
  • Mr. Sami Naffakh (Age 53)
    Chief Supply Officer
  • Mr. Volker Kuhn (Age 56)
    President of Hygiene
  • Ms. Angela Naef Ph.D. (Age 48)
    Chief Research & Development Officer

Should I Buy Reckitt Benckiser Group Stock? RKT Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Reckitt Benckiser Group plc:

  • Reckitt Benckiser Group plc insider recently acquired 350 shares of stock, indicating confidence in the company's future prospects.
  • The stock price of Reckitt Benckiser Group plc has shown resilience despite market fluctuations, suggesting stability.
  • Reckitt Benckiser Group plc has a diverse product portfolio in health, hygiene, and nutrition sectors, providing a broad revenue base.
  • The company's market capitalization of £31.87 billion indicates a strong position in the market.
  • Reckitt Benckiser Group plc has a low debt-to-equity ratio of 100.80, indicating a healthy financial structure.

Cons

Investors should be bearish about investing in Reckitt Benckiser Group plc for these reasons:

  • The stock of Reckitt Benckiser Group plc has been trading down recently, showing a decline in value.
  • The company's PE ratio of 1,993.83 is relatively high, which may indicate overvaluation compared to industry peers.
  • Reckitt Benckiser Group plc's 50-day simple moving average of GBX 4,449.49 is below the current stock price, suggesting a short-term bearish trend.
  • The company's beta of 0.06 indicates low volatility compared to the market, potentially limiting short-term trading opportunities.
  • Insider selling activity, such as Kris Licht selling 10,344 shares, may raise concerns about internal confidence in the company.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Reckitt Benckiser Group pros and cons to contact@marketbeat.com.

RKT Stock Analysis - Frequently Asked Questions

How have RKT shares performed this year?

Reckitt Benckiser Group's stock was trading at GBX 5,420 on January 1st, 2024. Since then, RKT shares have decreased by 19.5% and is now trading at GBX 4,363.
View the best growth stocks for 2024 here
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How do I buy shares of Reckitt Benckiser Group?

Shares of RKT 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.
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This page (LON:RKT) was last updated on 7/14/2024 by MarketBeat.com Staff

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