Severfield (LON:SFR) Announces Quarterly Earnings Results

Severfield (LON:SFR) issued its quarterly earnings data on Wednesday. The company reported GBX (12.03) EPS for the quarter, Digital Look Earnings reports. The firm had revenue of £454.25 million for the quarter. Severfield had a negative net margin of 3.80% and a negative return on equity of 8.57%.

Severfield Price Performance

Severfield stock opened at GBX 29.50 on Wednesday. Severfield has a 52 week low of GBX 21.30 and a 52 week high of GBX 40.60. The business has a 50-day simple moving average of GBX 26.63 and a 200 day simple moving average of GBX 27.69. The company has a quick ratio of 0.98, a current ratio of 1.06 and a debt-to-equity ratio of 41.67. The stock has a market cap of £87.11 million, a price-to-earnings ratio of -5.72 and a beta of 0.93.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 40 target price on shares of Severfield in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 44.

Severfield Company Profile

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.