Safestay (LON:SSTY) Issues Quarterly Earnings Results

Safestay (LON:SSTYGet Free Report) released its quarterly earnings data on Monday. The company reported GBX (15.48) earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 2,059 million for the quarter. Safestay had a negative net margin of 2.21% and a negative return on equity of 1.56%.

Safestay Stock Down 8.9%

SSTY stock opened at GBX 12.30 on Tuesday. Safestay has a one year low of GBX 10.30 and a one year high of GBX 26. The company has a debt-to-equity ratio of 159.81, a quick ratio of 1.26 and a current ratio of 0.27. The firm’s fifty day moving average is GBX 12.99 and its 200 day moving average is GBX 14.93. The firm has a market cap of £7.99 million, a PE ratio of -15.38 and a beta of 1.34.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “house stock” rating on shares of Safestay in a research note on Monday.

Read Our Latest Stock Analysis on Safestay

Safestay Company Profile

(Get Free Report)

Safestay PLC is one of Europe’s largest hostel groups, operating in the fragmented and fast-growing global hostel market that is expected to be worth $8.9bn annually by 2027*.

Safestay’s portfolio of 20 premium hostels and one hotel offer guests both private and shared rooms in destination cities across the UK, Spain, Belgium, Czech Republic, Germany, Greece, Italy, Poland, Portugal, and Slovakia.

In 2024, the Group delivered a 10% increase in Total Bed Nights to 931,688, 37% of which were booked through direct and non-commissionable channels.

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