Insider Buying: Severfield (LON:SFR) Insider Acquires 5,084 Shares of Stock

Severfield plc (LON:SFR) insider Andrew Page bought 5,084 shares of Severfield stock in a transaction that occurred on Wednesday, August 26th. The shares were acquired at an average price of GBX 39 per share, with a total value of £1,982.76.

Severfield Stock Performance

Shares of SFR traded down GBX 0.85 during midday trading on Tuesday, reaching GBX 38.10. The stock had a trading volume of 321,271 shares, compared to its average volume of 547,358. The firm has a market cap of £112.50 million, a PE ratio of -3.17 and a beta of 0.93. The firm has a 50 day simple moving average of GBX 36.58 and a 200-day simple moving average of GBX 30.52. Severfield plc has a one year low of GBX 21.30 and a one year high of GBX 40. The company has a current ratio of 1.05, a quick ratio of 0.98 and a debt-to-equity ratio of 48.45.

Severfield (LON:SFR) last posted its quarterly earnings results on Wednesday, June 24th. The company reported GBX (12.03) earnings per share for the quarter. The business had revenue of £454.25 million during the quarter. Severfield had a negative net margin of 7.84% and a negative return on equity of 22.06%. As a group, sell-side analysts anticipate that Severfield plc will post 8.9704209 EPS for the current year.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 40 target price on shares of Severfield in a report on Wednesday, July 29th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 44.

About Severfield

Severfield is the largest specialist structural steelwork group in the UK, with a growing presence in India and Europe and a reputation for performance and innovation.

Operating on an international scale, Severfield is widely recognised for its iconic structures, engineering excellence, and unparalleled customer service.

We have the design, experience and engineering skills to serve a diverse range of market sectors, from education and hospitals to bridges and commercial offices.

We approach every project, from the highly technical to basic structural work, with the same level of safety, professionalism, commitment, care and customer service.

Our people make Severfield the success story it is today.