SThree (LON:STEM) Issues Quarterly Earnings Results

SThree (LON:STEM) released its quarterly earnings results on Tuesday. The company reported GBX 37.40 ($0.47) EPS for the quarter, Digital Look Earnings reports. SThree had a return on equity of 26.60% and a net margin of 3.53%.

SThree Trading Down 3.2 %

Shares of STEM stock opened at GBX 276 ($3.43) on Tuesday. The business’s 50 day moving average is GBX 304.40 and its two-hundred day moving average is GBX 360.29. SThree has a twelve month low of GBX 221.50 ($2.76) and a twelve month high of GBX 457.50 ($5.69). The company has a market capitalization of £366.80 million, a P/E ratio of 657.14, a price-to-earnings-growth ratio of 0.75 and a beta of 0.98. The company has a current ratio of 1.89, a quick ratio of 1.69 and a debt-to-equity ratio of 11.91.

Insider Buying and Selling at SThree

In other SThree news, insider Andrew Beach purchased 9,436 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were purchased at an average cost of GBX 265 ($3.30) per share, for a total transaction of £25,005.40 ($31,112.85). Also, insider Elaine O’Donnell purchased 5,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The stock was acquired at an average price of GBX 344 ($4.28) per share, for a total transaction of £18,920 ($23,541.12). In the last ninety days, insiders have purchased 15,022 shares of company stock worth $4,419,450. 6.23% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have commented on STEM. Berenberg Bank cut their price target on SThree from GBX 520 ($6.47) to GBX 390 ($4.85) and set a “buy” rating on the stock in a research report on Thursday, December 12th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 300 ($3.73) price target on shares of SThree in a research report on Tuesday, December 17th.

About SThree

SThree plc brings skilled people together to build the future. We are the only global specialist talent partner focused on roles in Science, Technology, Engineering and Mathematics (‘STEM’), providing permanent and flexible contract talent to a diverse base of over 7,200 clients across 11 countries. Our Group’s c.2,600 staff cover the Technology, Life Sciences and Engineering sectors.