Senior (LON:SNR) Hits New 12-Month High – Here’s What Happened

Senior plc (LON:SNR) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 260.50 and last traded at GBX 260, with a volume of 2320029 shares trading hands. The stock had previously closed at GBX 253.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Jefferies Financial Group boosted their price objective on shares of Senior from GBX 185 to GBX 230 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Berenberg Bank reissued a “buy” rating and issued a GBX 275 price target on shares of Senior in a research report on Friday, November 21st. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Senior from GBX 215 to GBX 255 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 253.33.

Senior Price Performance

The company has a quick ratio of 0.84, a current ratio of 1.56 and a debt-to-equity ratio of 59.35. The firm has a market cap of £1.07 billion, a PE ratio of -139.78, a price-to-earnings-growth ratio of 0.11 and a beta of 1.47. The stock has a 50 day moving average price of GBX 221.01 and a two-hundred day moving average price of GBX 201.73.

Insider Buying and Selling

In related news, insider Ian King acquired 75,000 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were purchased at an average cost of GBX 174 per share, with a total value of £130,500. Also, insider Mary Waldner bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The stock was purchased at an average cost of GBX 188 per share, for a total transaction of £18,800. Corporate insiders own 1.48% of the company’s stock.

Senior Company Profile

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.