Société Générale Société anonyme (OTCMKTS:SCGLY) Posts Earnings Results, Beats Estimates By $0.03 EPS

Société Générale Société anonyme (OTCMKTS:SCGLY) announced its earnings results on Thursday. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.03, Zacks reports. Société Générale Société anonyme had a net margin of 12.96% and a return on equity of 3.72%.

Société Générale Société anonyme Price Performance

Société Générale Société anonyme stock traded up $0.05 during midday trading on Thursday, reaching $6.53. 813,390 shares of the stock traded hands, compared to its average volume of 506,253. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.61. Société Générale Société anonyme has a 12 month low of $4.30 and a 12 month high of $6.60. The stock’s fifty day moving average is $5.82 and its 200-day moving average is $5.35. The stock has a market cap of $26.13 billion, a P/E ratio of 7.87, a PEG ratio of 0.11 and a beta of 1.33.

Wall Street Analyst Weigh In

Several research firms have recently commented on SCGLY. Barclays upgraded Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 27th. The Goldman Sachs Group raised Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 11th. Finally, Citigroup upgraded Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 1st. Four equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Société Générale Société anonyme Company Profile

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.