Key Points
- Insider purchase: Rhian Bartlett bought 1,760,000 shares of Speedy Hire on January 5 at an average price of GBX 26 per share, a transaction of approximately £457,600.
- Analyst view: Canaccord Genuity reiterated a Buy rating with a GBX 79 target, and MarketBeat data shows an average analyst rating of "Buy" with the same average target.
- Company metrics: Speedy Hire has a market cap of £117.03m, a negative P/E of -10.04, a high debt-to-equity ratio of 115.48, and a 52-week range of GBX 17.62–33.70.
Speedy Hire Plc (LON:SDY - Get Free Report) insider Rhian Bartlett purchased 1,760,000 shares of Speedy Hire stock in a transaction that occurred on Monday, January 5th. The stock was bought at an average cost of GBX 26 per share, for a total transaction of £457,600.
Speedy Hire Price Performance
Speedy Hire stock opened at GBX 25.40 on Wednesday. The stock has a market cap of £117.03 million, a price-to-earnings ratio of -10.04, a price-to-earnings-growth ratio of 0.21 and a beta of 1.25. The company has a debt-to-equity ratio of 115.48, a current ratio of 0.94 and a quick ratio of 0.90. Speedy Hire Plc has a 1 year low of GBX 17.62 and a 1 year high of GBX 33.70. The firm has a 50-day moving average of GBX 26.07 and a two-hundred day moving average of GBX 27.19.
Speedy Hire (LON:SDY - Get Free Report) last issued its earnings results on Wednesday, November 26th. The company reported GBX (1.28) EPS for the quarter. Speedy Hire had a return on equity of 1.51% and a net margin of 0.64%. On average, research analysts forecast that Speedy Hire Plc will post 3.6102868 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 79 target price on shares of Speedy Hire in a report on Thursday, November 27th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of GBX 79.
Check Out Our Latest Research Report on SDY
About Speedy Hire
(
Get Free Report)
Speedy Hire Plc, together with its subsidiaries, provides tools, equipment, and plant hire services to the construction, infrastructure, and industrial markets in the United Kingdom and Ireland. The company hires a range of tools and accessories, including access, lighting, lifting, rail, survey and safety, ATEX, plant, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment. It also sells access, lifting, survey, rail, and personal protective and safety equipment; various tools and equipment; and cutting, grinding, and sanding equipment, as well as site supplies.
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