Speedy Hire Plc (LON:SDY – Get Free Report)’s stock price reached a new 52-week low on Thursday . The stock traded as low as GBX 15 and last traded at GBX 15, with a volume of 925374 shares changing hands. The stock had previously closed at GBX 15.14.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group dropped their price target on shares of Speedy Hire from GBX 63 to GBX 53 and set a “buy” rating on the stock in a research report on Thursday, September 10th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Speedy Hire has an average rating of “Buy” and a consensus price target of GBX 53.
Check Out Our Latest Stock Report on Speedy Hire
Speedy Hire Trading Down 0.9%
Speedy Hire (LON:SDY – Get Free Report) last released its quarterly earnings data on Wednesday, June 17th. The company reported GBX (1.71) earnings per share (EPS) for the quarter. Speedy Hire had a negative net margin of 6.39% and a negative return on equity of 19.68%. The business had revenue of £416.10 million during the quarter. Equities analysts forecast that Speedy Hire Plc will post 3.6102868 EPS for the current fiscal year.
About Speedy Hire
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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