Sampo PLC (SAXPY) – What Are Researchers Thinking About This Stock?

Shares of Sampo PLC (OTCMKTS:SAXPY) have earned an average rating of “Moderate Buy” from the six research firms that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company.

A number of brokerages recently weighed in on SAXPY. The Goldman Sachs Group raised shares of Sampo from a “sell” rating to a “buy” rating in a research note on Thursday, July 9th. Kepler Capital Markets upgraded Sampo to a “strong-buy” rating in a research note on Thursday, June 25th. Finally, Zacks Research raised Sampo from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 30th.

Sampo Stock Performance

OTCMKTS:SAXPY opened at $19.68 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.29 and a current ratio of 0.29. The company has a fifty day moving average of $21.49 and a two-hundred day moving average of $21.35. The stock has a market capitalization of $104.53 billion, a PE ratio of 13.30 and a beta of 0.38. Sampo has a fifty-two week low of $19.35 and a fifty-two week high of $24.43.

Sampo (OTCMKTS:SAXPY) last announced its earnings results on Wednesday, August 12th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.05). The firm had revenue of $3.67 billion for the quarter, compared to analyst estimates of $2.96 billion. As a group, research analysts forecast that Sampo will post 1.27 earnings per share for the current fiscal year.

Sampo Company Profile

Sampo Oyj is a Finland-based insurance group focused on property and casualty (P&C) insurance. Through its subsidiaries, the company provides insurance products for individuals, businesses and public-sector customers, including motor, home, travel, personal accident, commercial property, liability and other specialty coverage.

Sampo’s principal insurance businesses include If P&C Insurance, which operates across the Nordic region and the Baltic countries, Topdanmark in Denmark, and Hastings in the United Kingdom.