SThree (LON:STEM) Issues Quarterly Earnings Results

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

SThree Stock Down 2.9 %

Shares of STEM opened at GBX 272.50 ($3.39) on Wednesday. SThree has a 52-week low of GBX 221.50 ($2.76) and a 52-week high of GBX 457.50 ($5.69). The company has a quick ratio of 1.69, a current ratio of 1.89 and a debt-to-equity ratio of 11.91. The stock has a fifty day simple moving average of GBX 303.07 and a two-hundred day simple moving average of GBX 359.19. The company has a market capitalization of £362.15 million, a PE ratio of 648.81, a price-to-earnings-growth ratio of 0.75 and a beta of 0.98.

Insider Activity

In other SThree news, insider Andrew Beach bought 9,436 shares of SThree stock in a transaction on Tuesday, December 17th. The shares were bought at an average price 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 dated Thursday, November 14th. The stock was acquired at an average cost of GBX 344 ($4.28) per share, for a total transaction of £18,920 ($23,541.12). In the last quarter, insiders have bought 15,022 shares of company stock valued at $4,419,450. 6.23% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on STEM shares. Berenberg Bank restated a “buy” rating and set a GBX 390 ($4.85) price target on shares of SThree in a research report on Tuesday. Jefferies Financial Group restated a “hold” rating and set a GBX 300 ($3.73) target price on shares of SThree in a 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.