RELX PLC: Stock Analysis and Future Predictions

RELX PLC, trading on the New York Stock Exchange as RELX, closed at $28.04 on Wednesday with no change from the previous day's closing price. The average trading volume over the past five days was 891,300 shares. The stock price decreased by $0.82 in the past week, although it has reached a 17-fold high in the last 12 months. The average trading volume over the past 20 days was 660,680 shares, while the 50-day average trading volume was 1,016,512 shares.

Last month, shares of RELX fell by 0.85%. The company's stock reached its lowest point of $27.84 per share on August 23, 22. After rebounding to a 52-week high of $32.71 on January 3, the stock hit a low of $24.81 within the 52-week period. So far this year, the stock has reached a new high but has since dropped by 14.01% or $4.57. Despite this, the price is still down 14.28% from its 52-week high.

Valuation Metrics

The trailing P/E ratio for RELX PLC (RELX) is 29.06. Its beta is 0.74. Other valuation ratios to consider include a P/S ratio of 5.84, a PB ratio of 12.41, and a price-to-cash-flow ratio of 42.80.

The company's payout ratio stands at 52.60%. The latest quarterly dividend paid by the company was $0.4443 per share, which reflects a decline of 7.82% compared to the previous year's $0.4820 per share. The most recent dividend decrease of $0.0377 per share was announced on Friday, July 29, 2022.

Financial Health

Recently, the quick ratio of RELX PLC for the quarter was 0.50 and the current ratio is also 0.50, indicating that the company may not be able to fulfill its debts. Additionally, the company's long-term debt to equity ratio for the recent quarter was 1.63, and the total debt to equity ratio was 1.89. RELX PLC's EBITDA profit margin was 35.31%, while the operating profit margin for the same period was 27.10%. It has been reported that the company's total profit is $6.44 billion and its revenue is $9.96 billion.

Profit Surprises

The company had a net income of 1.47 billion USD for this quarter, with a revenue growth of 16.79%.

From a technical analysis perspective, let's take a brief look at the price trends of RELX PLC (RELX). As of the close on August 24th, the 9-day RSI was 31.06%, indicating the stock is neutral, and the historical volatility during this timeframe was 10.78%.

As of today, the price of RELX is $28.49, a decrease of 2.84% compared to its five-day moving average of $0.82. RELX's current trading price is 2.37% lower than its 20-day simple moving average and 9.84% lower than its 100-day SMA. However, its current price is higher than its 50-day SMA by 7.72% but lower than its 200-day SMA by 11.60%.

The random values for K and D are 8.36% and 10.25% respectively, with an average true range (ATR) of 0.36. Over a 14-day period, the random value is 11.30% with an average true range of 0.38, while the RSI (14) is 41.09%. The stock's 9-day MACD oscillator has reached -0.46, while the reading for 14 days is -0.59.

Analyst rating.

Kepler has upgraded RELX PLC (NYSE code: RELX) to a buy rating in its latest analyst report. Previously, the stock was rated as hold. The consensus rating for RELX PLC (RELX) among analysts is overweight. According to current broker recommendations, zero brokerage firms suggest selling RELX while two suggest holding. There are no analysts who rate the stock as underweight. The stock is rated as overweight by zero analysts while one other analyst rates it as a buy.

What is RELX's price target for the next 12 months?

Analysts predict a target price range of $32.80 to $32.80, with a median target of $32.80 for RELX PLC (RELX) stock. Based on these predictions, the average target price given by analysts is $32.80.