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LON:RKT

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

GBX 4,538
+38.00 (+0.84%)
(As of 09/6/2024 ET)
Today's Range
4,484
4,539
50-Day Range
4,093
4,538
52-Week Range
4,034
6,006
Volume
1.61 million shs
Average Volume
3.63 million shs
Market Capitalization
£31.59 billion
P/E Ratio
2,091.24
Dividend Yield
4.32%
Price Target
GBX 4,800

Reckitt Benckiser Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.8% Upside
GBX 4,800 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.

0.07 out of 5 stars

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 (RKT) was downgraded to a Hold Rating at J.P. Morgan
Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳
45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open.
Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳
45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open.
Citi Keeps Their Buy Rating on Reckitt (RKT)
Reckitt (RKT) Receives a Hold from Kepler Capital
Reckitt Benckiser Group PLC (3RB.BE)
See More Headlines
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Company Calendar

Ex-Dividend for 9/13 Dividend
8/01/2024
Today
9/07/2024
Dividend Payable
9/13/2024

Industry, Sector and Symbol

Industry
Household & Personal Products
Sub-Industry
Banking
CIK
N/A
Fax
N/A
Employees
26,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 4,800
High Stock Price Target
GBX 5,200
Low Stock Price Target
GBX 4,400
Potential Upside/Downside
+5.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
£1.54 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£14.33 billion
Cash Flow
GBX 138.76 per share
Book Value
GBX 1,155 per share

Miscellaneous

Free Float
N/A
Market Cap
£31.59 billion
Optionable
Not Optionable
Beta
0.08
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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:

  • The stock price of Reckitt Benckiser Group plc (LON:RKT) has shown resilience, trading down only 0.2% recently, indicating stability in the face of market fluctuations.
  • Reckitt Benckiser Group plc has a diverse product portfolio focusing on health, hygiene, and nutrition products, providing a stable revenue stream across different sectors.
  • Recent analyst upgrades have raised the target price for Reckitt Benckiser Group plc, indicating positive sentiment and growth potential in the company's performance.
  • Insider buying activity, such as the acquisition of shares by an insider at a price of GBX 4,509 ($58.59) per share, can signal confidence in the company's future prospects.
  • Reckitt Benckiser Group plc has a strong market capitalization of £29.41 billion, reflecting the company's size and stability in the market.

Cons

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

  • The company's debt-to-equity ratio of 109.95 may raise concerns about its financial leverage and ability to manage debt effectively, impacting long-term financial health.
  • Reckitt Benckiser Group plc's dividend payout ratio of 9,032.26% is exceptionally high, indicating a significant portion of earnings being distributed as dividends, potentially limiting reinvestment for growth.
  • The company's current ratio of 0.69 and quick ratio of 0.46 suggest potential liquidity challenges in meeting short-term obligations, which could affect operational flexibility.
  • With a PE ratio of 1,945.16, Reckitt Benckiser Group plc's stock may be considered overvalued by some investors, posing a risk of a price correction in the future.
  • The company's declining trading volume, as seen with a 48% decrease in shares changing hands recently, could indicate weakening investor interest or market sentiment towards the stock.
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 Tuesday, September 3, 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 at the start of the year. Since then, RKT stock has decreased by 16.3% and is now trading at GBX 4,538.
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 9/7/2024 by MarketBeat.com Staff

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