Q: Your thoughts on this company would be appreciated. I cannot see where they have mentioned the next earnings release date so if you have that I would appreciate it. Thinking it might catch an uptick from people looking for companies which benefit from a decent economy and are not susceptible to AI disruption.
5i Research Answer:
RIC has not announced an earnings date; estimate is March 6. The stock is cheap at 13x earnings, but has not done much for investor except pay its 4.6% dividend. Debt is a bit high at 2.5x cash flow, and its business can be cyclical. It is still managing the tariff impact as well. We also note that EPS has not really grown much since 2019. The stock is down 20% since then. The company has had no news in some time. The last quarter missed estimates by a wide margin. With its lack of real growth, small size, debt, cyclicality and thin trading, it is pretty hard for us to get excited on this one.