I’ve been keeping an eye on Rightmove plc (LON:RMV) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe RMV has a lot to offer. Basically, it is a well-regarded dividend-paying company that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. If you’re interested in understanding beyond my broad commentary, read the full report on Rightmove here.
Adequate balance sheet average dividend payer
RMV is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that RMV manages its cash and cost levels well, which is a crucial insight into the health of the company. RMV appears to have made good use of debt, producing operating cash levels of 12.82x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
Income investors would also be happy to know that RMV is a great dividend company, with a current yield standing at 1.3%. RMV has also been regularly increasing its dividend payments to shareholders over the past decade.
For Rightmove, I’ve put together three relevant aspects you should look at:
- Future Outlook: What are well-informed industry analysts predicting for RMV’s future growth? Take a look at our free research report of analyst consensus for RMV’s outlook.
- Historical Performance: What has RMV’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of RMV? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at email@example.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.