Key Points
- Insider buying: Paul McNerney purchased 1,874 Severfield shares at GBX 39 each, investing £730.86. He also bought 2,716 shares in July for £977.76.
- Financial performance: Severfield reported quarterly revenue of £454.25 million but posted negative EPS of GBX 12.03, a 7.84% net margin, and a 22.06% negative return on equity.
- Analyst outlook: Jefferies reaffirmed a “Buy” rating with a GBX 40 price target. The stock has an overall “Buy” consensus and an average target of GBX 44, compared with a market price of GBX 38.10.
Severfield plc (LON:SFR - Get Free Report) insider Paul McNerney purchased 1,874 shares of the stock in a transaction on Wednesday, August 26th. The shares were purchased at an average cost of GBX 39 per share, for a total transaction of £730.86.
Paul McNerney also recently made the following trade(s):
- On Tuesday, July 14th, Paul McNerney purchased 2,716 shares of Severfield stock. The stock was purchased at an average price of GBX 36 per share, with a total value of £977.76.
Severfield Stock Performance
SFR opened at GBX 38.10 on Wednesday. The company has a 50 day simple moving average of GBX 36.78 and a two-hundred day simple moving average of GBX 30.57. The company has a debt-to-equity ratio of 48.45, a current ratio of 1.05 and a quick ratio of 0.98. The firm has a market cap of £112.50 million, a P/E ratio of -3.17 and a beta of 0.93. Severfield plc has a 1-year low of GBX 21.30 and a 1-year high of GBX 40.
Severfield (LON:SFR - Get Free Report) last announced its quarterly earnings data on Wednesday, June 24th. The company reported GBX (12.03) EPS for the quarter. Severfield had a negative net margin of 7.84% and a negative return on equity of 22.06%. The firm had revenue of £454.25 million for the quarter. Equities analysts forecast that Severfield plc will post 8.9704209 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reissued a "buy" rating and set a GBX 40 price target on shares of Severfield in a report on Wednesday, July 29th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Severfield currently has an average rating of "Buy" and an average price target of GBX 44.
View Our Latest Analysis on SFR
About Severfield
(
Get Free Report)
Severfield is the largest specialist structural steelwork group in the UK, with a growing presence in India and Europe and a reputation for performance and innovation.
Operating on an international scale, Severfield is widely recognised for its iconic structures, engineering excellence, and unparalleled customer service.
We have the design, experience and engineering skills to serve a diverse range of market sectors, from education and hospitals to bridges and commercial offices.
We approach every project, from the highly technical to basic structural work, with the same level of safety, professionalism, commitment, care and customer service.
Our people make Severfield the success story it is today.
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