Insider Buying: Severfield (LON:SFR) Insider Acquires 2,716 Shares of Stock

Severfield plc (LON:SFRGet Free Report) insider Paul McNerney bought 2,716 shares of the stock in a transaction that occurred on Tuesday, July 14th. The stock was acquired at an average price of GBX 36 per share, for a total transaction of £977.76.

Severfield Trading Down 0.7%

Shares of SFR stock opened at GBX 35.65 on Tuesday. The company has a debt-to-equity ratio of 48.45, a quick ratio of 0.98 and a current ratio of 1.05. Severfield plc has a 1 year low of GBX 21.30 and a 1 year high of GBX 36.50. The stock has a fifty day moving average of GBX 28.78 and a two-hundred day moving average of GBX 28.24. The firm has a market capitalization of £105.27 million, a PE ratio of -2.96 and a beta of 0.92.

Severfield (LON:SFRGet Free Report) last issued its quarterly earnings results on Wednesday, June 24th. The company reported GBX (12.03) EPS for the quarter. Severfield had a negative net margin of 7.84% and a negative return on equity of 22.06%. The business had revenue of £454.25 million for the quarter. As a group, research analysts expect that Severfield plc will post 8.9704209 EPS for the current year.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 40 price target on shares of Severfield in a research report on Tuesday, June 23rd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 44.

View Our Latest Report on Severfield

About Severfield

(Get Free Report)

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.

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