Berenberg Bank Has Lowered Expectations for SThree (LON:STEM) Stock Price

SThree (LON:STEM) had its price target reduced by Berenberg Bank from GBX 390 to GBX 250 in a research report released on Tuesday, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 360 price objective on shares of SThree in a research note on Wednesday, July 30th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 280.

SThree Stock Up 1.0%

LON STEM opened at GBX 138.80 on Tuesday. The company has a quick ratio of 1.69, a current ratio of 1.98 and a debt-to-equity ratio of 16.03. The company has a fifty day moving average of GBX 206.76 and a two-hundred day moving average of GBX 231.28. The firm has a market capitalization of £176.30 million, a price-to-earnings ratio of 636.70, a PEG ratio of 0.75 and a beta of 0.98. SThree has a 52 week low of GBX 132.20 and a 52 week high of GBX 409.50.

SThree (LON:STEM) last posted its quarterly earnings data on Tuesday, July 29th. The company reported GBX 5.60 EPS for the quarter. SThree had a net margin of 3.33% and a return on equity of 20.90%. On average, analysts predict that SThree will post 38.490881 earnings per share for the current year.

Insider Activity

In related news, insider Timo Lehne bought 7,404 shares of the stock in a transaction dated Tuesday, September 16th. The stock was purchased at an average cost of GBX 139 per share, with a total value of £10,291.56. Insiders have acquired 39,638 shares of company stock worth $7,030,107 over the last ninety days. 14.92% of the stock is currently owned by insiders.

SThree Company Profile

SThree plc brings skilled people together to build the future. We are the global STEM workforce consultancy, placing highly skilled, STEM specialist workers in the industries where they are needed most. We advise businesses, build expert teams, and deliver project solutions for our clients. With more than 38 years of experience in pure-play STEM and a global team of 2,700+ people each with local expertise across 11 countries, we cover high-demand skills across Engineering, Life Sciences and Technology roles.