M&C Saatchi (LON:SAA) Announces Quarterly Earnings Results

M&C Saatchi (LON:SAAGet Free Report) released its quarterly earnings results on Wednesday. The company reported GBX (3.52) EPS for the quarter, Digital Look Earnings reports. M&C Saatchi had a negative return on equity of 6.04% and a negative net margin of 0.64%.

M&C Saatchi Price Performance

Shares of SAA traded down GBX 1.05 during mid-day trading on Wednesday, hitting GBX 133.95. The company’s stock had a trading volume of 133,316 shares, compared to its average volume of 212,343. The company has a debt-to-equity ratio of 132.12, a current ratio of 1.11 and a quick ratio of 0.93. The firm has a 50-day moving average price of GBX 142.25 and a 200 day moving average price of GBX 134.72. M&C Saatchi has a fifty-two week low of GBX 100.50 and a fifty-two week high of GBX 152. The stock has a market capitalization of £159.36 million, a price-to-earnings ratio of -72.41 and a beta of 0.55.

Wall Street Analyst Weigh In

Separately, Berenberg Bank cut their target price on M&C Saatchi from GBX 195 to GBX 175 and set a “buy” rating for the company in a research report on Tuesday. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, M&C Saatchi presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 163.50.

Check Out Our Latest Analysis on SAA

Key Stories Impacting M&C Saatchi

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M&C Saatchi Company Profile

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We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.

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