Safestay (LON:SSTY) Releases Quarterly Earnings Results

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

Safestay Trading Up 11.1%

Shares of SSTY opened at GBX 15 on Wednesday. The company has a current ratio of 0.27, a quick ratio of 1.26 and a debt-to-equity ratio of 159.81. The firm has a 50-day moving average price of GBX 12.94 and a 200 day moving average price of GBX 14.89. Safestay has a 12-month low of GBX 10.30 and a 12-month high of GBX 26. The firm has a market capitalization of £9.74 million, a P/E ratio of -18.75 and a beta of 1.34.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Safestay in a report on Monday.

View Our Latest Stock Analysis on SSTY

About Safestay

(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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