SThree (LON:STEM) Issues Quarterly Earnings Results

SThree (LON:STEM) announced its quarterly earnings results on Tuesday. The company reported GBX 37.40 ($0.47) EPS for the quarter, Digital Look Earnings reports. SThree had a net margin of 3.53% and a return on equity of 26.60%.

SThree Price Performance

STEM traded down GBX 7.50 ($0.09) during midday trading on Thursday, reaching GBX 256.50 ($3.19). 12,613,904 shares of the company’s stock were exchanged, compared to its average volume of 956,312. 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 50-day simple moving average of GBX 301.47 and a two-hundred day simple moving average of GBX 358.53. The firm has a market capitalization of £340.89 million, a price-to-earnings ratio of 610.71, a price-to-earnings-growth ratio of 0.75 and a beta of 0.98. SThree has a one year low of GBX 221.50 ($2.76) and a one year high of GBX 457.50 ($5.70).

Insider Activity

In other SThree news, insider Elaine O’Donnell bought 5,500 shares of SThree stock in a transaction dated Thursday, November 14th. The shares were acquired at an average cost of GBX 344 ($4.28) per share, with a total value of £18,920 ($23,555.78). Also, insider Andrew Beach purchased 9,436 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average price of GBX 265 ($3.30) per share, for a total transaction of £25,005.40 ($31,132.22). In the last ninety days, insiders have purchased 15,022 shares of company stock worth $4,419,450. Company insiders own 6.23% of the company’s stock.

Wall Street Analyst Weigh In

STEM has been the topic of several analyst reports. Berenberg Bank reissued a “buy” rating and set a GBX 390 ($4.86) target price on shares of SThree in a research report on Tuesday. Jefferies Financial Group reissued a “hold” rating and set a GBX 300 ($3.74) price objective on shares of SThree in a report on Tuesday, December 17th.

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.