Senior (LON:SNR) Hits New 12-Month High – Should You Buy?

Shares of Senior plc (LON:SNR) reached a new 52-week high on Thursday . The stock traded as high as GBX 224.50 and last traded at GBX 224, with a volume of 1135946 shares traded. The stock had previously closed at GBX 215.50.

Wall Street Analysts Forecast Growth

SNR has been the topic of a number of research analyst reports. Berenberg Bank reissued a “buy” rating and set a GBX 275 price objective on shares of Senior in a report on Friday, November 21st. Jefferies Financial Group lifted their price target on shares of Senior from GBX 185 to GBX 230 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 241.67.

Senior Stock Performance

The company has a current ratio of 1.56, a quick ratio of 0.84 and a debt-to-equity ratio of 59.35. The stock has a market cap of £890.88 million, a price-to-earnings ratio of -115.86, a PEG ratio of 0.11 and a beta of 1.47. The stock’s 50 day moving average is GBX 190.05 and its two-hundred day moving average is GBX 191.74.

Insider Buying and Selling

In related news, insider Ian King purchased 75,000 shares of the business’s stock in a transaction dated Wednesday, November 26th. The stock was acquired at an average price of GBX 174 per share, for a total transaction of £130,500. Also, insider Mary Waldner purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were bought at an average cost of GBX 188 per share, with a total value of £18,800. Over the last 90 days, insiders have bought 152,500 shares of company stock worth $27,882,500. Insiders own 1.48% of the company’s stock.

Senior Company Profile

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.