Severfield (LON:SFR) Insider Acquires £730.86 in Stock

Severfield plc (LON:SFR – Get Free Report) insider Paul McNerney purchased 1,874 shares of the stock in a transaction dated Wednesday, August 26th. The shares were bought 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):

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• On Tuesday, July 14th, Paul McNerney purchased 2,716 shares of Severfield stock. The stock was bought at an average price of GBX 36 per share, with a total value of £977.76.

Severfield Stock Down 3.0%

Shares of LON SFR opened at GBX 37.50 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.05 and a debt-to-equity ratio of 48.45. The firm has a 50-day moving average price of GBX 37.12 and a 200 day moving average price of GBX 30.70. Severfield plc has a 52 week low of GBX 21.30 and a 52 week high of GBX 40. The stock has a market capitalization of £110.73 million, a price-to-earnings ratio of -3.12 and a beta of 0.93.

Severfield (LON:SFR – Get Free Report) last issued its earnings results on Wednesday, June 24th. The company reported GBX (12.03) earnings per share (EPS) for the quarter. The company had revenue of £454.25 million during the quarter. Severfield had a negative net margin of 7.84% and a negative return on equity of 22.06%. Equities research analysts anticipate that Severfield plc will post 8.9704209 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 40 target price on shares of Severfield in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 44.

Get Our Latest Stock Analysis on SFR

Severfield Company Profile

(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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