SThree (LON:STEM) Shares Up 1.8% – Time to Buy?

SThree plc (LON:STEM – Get Free Report) shot up 1.8% during mid-day trading on Wednesday. The company traded as high as GBX 317.50 and last traded at GBX 316.50. Approximately 160,181 shares traded hands during trading, a decline of 77% from the average session volume of 705,896 shares. The stock had previously closed at GBX 311.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on STEM shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 250 target price on shares of SThree in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of SThree from GBX 260 to GBX 360 and gave the stock a “buy” rating in a research report on Wednesday, September 9th. Two research analysts have rated the stock with a Buy rating. According to MarketBeat.com, SThree presently has a consensus rating of “Buy” and an average target price of GBX 305.

Read Our Latest Research Report on STEM

SThree Price Performance

The company has a current ratio of 2.05, a quick ratio of 1.69 and a debt-to-equity ratio of 23.25. The business’s fifty day moving average is GBX 295.50 and its 200 day moving average is GBX 217.73. The firm has a market capitalization of £381.96 million, a P/E ratio of 31.34, a P/E/G ratio of 0.75 and a beta of 0.78.

SThree (LON:STEM – Get Free Report) last issued its earnings results on Tuesday, July 21st. The company reported GBX 2.10 earnings per share for the quarter. SThree had a net margin of 1.04% and a return on equity of 5.85%. As a group, analysts forecast that SThree plc will post 38.49 EPS for the current year.

Insider Activity

In related news, insider Timo Lehne purchased 20,427 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were bought at an average price of GBX 289 per share, with a total value of £59,034.03. Insiders acquired a total of 20,466 shares of company stock valued at $5,915,234 over the last quarter. 15.00% of the stock is currently owned by corporate insiders.

About SThree

(Get Free Report)

SThree plc brings skilled people together to build the future. We are the global STEM workforce consultancy, placing highly skilled, STEM specialist workers in the industries where they are needed most. We advise businesses, build expert teams, and deliver project solutions for our clients. With 40 years of experience in pure-play STEM and a global team with local expertise across 11 countries, we cover high-demand skills across Engineering, Life Sciences and Technology roles.

We provide permanent and flexible contract talent to a diverse base of around 6,000 clients.

Further Reading

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