SThree (LON:STEM) Given Buy Rating at Berenberg Bank

SThree (LON:STEM)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a report issued on Tuesday,Digital Look reports. They currently have a GBX 390 ($4.85) price target on the stock. Berenberg Bank’s price objective suggests a potential upside of 39.04% from the stock’s current price.

Separately, Jefferies Financial Group reissued a “hold” rating and issued a GBX 300 ($3.73) price target on shares of SThree in a report on Tuesday, December 17th.

SThree Stock Performance

LON STEM traded down GBX 4.50 ($0.06) during trading on Tuesday, hitting GBX 280.50 ($3.49). 756,932 shares of the company’s stock traded hands, compared to its average volume of 369,551. The business has a 50 day moving average of GBX 304.40 and a 200-day moving average of GBX 360.29. The stock has a market capitalization of £372.78 million, a price-to-earnings ratio of 667.86, a PEG 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 ($5.69). The company has a debt-to-equity ratio of 11.91, a quick ratio of 1.69 and a current ratio of 1.89.

SThree (LON:STEM) last issued its earnings results 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%. As a group, equities research analysts anticipate that SThree will post 38.490881 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Elaine O’Donnell acquired 5,500 shares of the company’s stock in a transaction dated Thursday, November 14th. The stock was purchased at an average price of GBX 344 ($4.28) per share, with a total value of £18,920 ($23,541.12). Also, insider Andrew Beach purchased 9,436 shares of the business’s stock in a transaction on Tuesday, December 17th. The stock was purchased at an average cost of GBX 265 ($3.30) per share, for a total transaction of £25,005.40 ($31,112.85). Insiders bought a total of 15,022 shares of company stock valued at $4,419,450 over the last quarter. 6.23% of the stock is owned by corporate insiders.

SThree Company Profile

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.