Berenberg Bank Reiterates “Buy” Rating for SThree (LON:STEM)

SThree (LON:STEM)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a research report issued on Tuesday, Marketbeat Ratings reports. They presently have a GBX 390 ($4.86) target price on the stock. Berenberg Bank’s target price points to a potential upside of 47.73% from the company’s previous close.

Separately, Jefferies Financial Group restated a “hold” rating and set a GBX 300 ($3.74) price target on shares of SThree in a report on Tuesday, December 17th.

SThree Stock Performance

Shares of SThree stock opened at GBX 264 ($3.29) on Tuesday. The stock has a market cap of £350.86 million, a PE ratio of 628.57, a price-to-earnings-growth ratio of 0.75 and a beta of 0.98. SThree has a 12 month low of GBX 221.50 ($2.76) and a 12 month high of GBX 457.50 ($5.70). 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 business has a fifty day simple moving average of GBX 303.07 and a 200-day simple moving average of GBX 359.19.

SThree (LON:STEM) last announced its quarterly earnings data on Tuesday, January 28th. The company reported GBX 37.40 ($0.47) EPS for the quarter. SThree had a return on equity of 26.60% and a net margin of 3.53%. On average, sell-side analysts anticipate that SThree will post 38.490881 EPS for the current fiscal year.

Insider Activity

In related news, insider Elaine O’Donnell bought 5,500 shares of SThree 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 ($23,555.78). Also, insider Andrew Beach bought 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 ($31,132.22). Over the last ninety days, insiders have acquired 15,022 shares of company stock valued at $4,419,450. 6.23% of the stock is owned by insiders.

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.