SDI Group (LON:SDI) Announces Earnings Results

SDI Group (LON:SDI) posted its quarterly earnings data on Wednesday. The company reported GBX 4.70 earnings per share (EPS) for the quarter, Digital Look Earnings reports. SDI Group had a return on equity of 9.07% and a net margin of 6.62%.

SDI Group Trading Down 1.8%

LON SDI traded down GBX 1.72 on Wednesday, reaching GBX 92.78. 263,658 shares of the company were exchanged, compared to its average volume of 306,289. The company has a current ratio of 2.23, a quick ratio of 0.79 and a debt-to-equity ratio of 50.63. The business’s fifty day moving average price is GBX 86.08 and its 200 day moving average price is GBX 80.57. The stock has a market capitalization of £97.02 million, a P/E ratio of 21.43 and a beta of 1.10. SDI Group has a fifty-two week low of GBX 60 and a fifty-two week high of GBX 105.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 145 price target on shares of SDI Group in a research note on Wednesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, SDI Group currently has an average rating of “Buy” and an average target price of GBX 145.

SDI Group Company Profile

SDI Group plc, is a buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial & scientific sensors and industrial & scientific products. The Group includes small to medium size companies with specialist industrial and scientific products in growth sector niches which help solve customers’ key challenges.

It specialises in the acquisition and development of companies that design and manufacture specialist products for use in lab equipment, industrial & scientific sensors and industrial & scientific products.

Its portfolio of businesses serves a broad spectrum of specialised markets, ranging from advanced industrial technologies (aerospace & defence, manufacturing, semiconductors and precision measurement) to scientific and medical applications (life sciences, healthcare, astronomy).