Rightmove (RMV)

Sector:

Real Estate

Index:

FTSE 100

514.60p
   
  • Change Today:
      9.80p
  • 52 Week High: 594.80
  • 52 Week Low: 462.90
  • Currency: UK Pounds
  • Shares Issued: 794.95m
  • Volume: 1,607,228
  • Market Cap: £4,090.82m
  • RiskGrade: 130

Friday preview: Global factory PMIs, Rightmove in focus

By Alexander Bueso

Date: Thursday 29 Feb 2024

LONDON (ShareCast) - (Sharecast News) - All eyes at the end of the week will be on a raft of factory sector survey results for the month of February due out across the world.


First out overnight will be Caixin's Chinese manufacturing sector Purchasing Managers' Index.

It will be followed early during the London session by final readings for S&P Global's comparable factory PMIs for the euro area and UK referencing the same month.

Later in the session, at 1500 GMT, America's ISM Institute will release its own factory PMI.

In parallel, the University of Michigan will release the final results for its February consumer confidence index.

Investors will also be keeping close tabs on what another batch of top Fed officials might have to say in speeches starting from 1515 GMT.

Investors in the euro area will also be keeping an eye out for a preliminary reading for consumer price inflation in the bloc due out at 1000 GMT.

Rightmove is among the corporate names due to update shareholders on Friday.

The real estate property website owner is expected to report a 9.1% jump in its top-line to reach £362.9m.

Underlying operating profits meanwhile are seen climbing 7.9% to reach £265m.

According to UBS analyst Jo Barnet-Lamb, investor focus will be on the company's 2024 guidance and what it might have to say about progress on adjacencies, which the broker believed was a focus area for the company.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Rightmove Market Data

Currency UK Pounds
Share Price 514.60p
Change Today 9.80p
% Change 1.94 %
52 Week High 594.80
52 Week Low 462.90
Volume 1,607,228
Shares Issued 794.95m
Market Cap £4,090.82m
RiskGrade 130

Rightmove Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.42% below the market average98.42% below the market average98.42% below the market average98.42% below the market average98.42% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
12.06% below the market average12.06% below the market average12.06% below the market average12.06% below the market average12.06% below the market average
11.63% below the sector average11.63% below the sector average11.63% below the sector average11.63% below the sector average11.63% below the sector average
Income
80.98% below the market average80.98% below the market average80.98% below the market average80.98% below the market average80.98% below the market average
72.41% below the sector average72.41% below the sector average72.41% below the sector average72.41% below the sector average72.41% below the sector average
Growth
0.71% below the market average0.71% below the market average0.71% below the market average0.71% below the market average0.71% below the market average
48.72% above the sector average48.72% above the sector average48.72% above the sector average48.72% above the sector average48.72% above the sector average

What The Brokers Say

Strong Buy 5
Buy 5
Neutral 1
Sell 5
Strong Sell 2
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rightmove Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 28-Sep-23
Paid 24-May-24 27-Oct-23
Amount 5.70p 3.60p

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 690,030 @ 514.60p
16:35 348 @ 514.60p
16:35 9,090 @ 514.60p
16:35 58 @ 514.60p
16:35 400 @ 514.60p

Rightmove Key Personnel

CFO Alison Dolan
CEO Johan Svanström

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