News headlines about Safeguard Scientifics (NYSE:SFE) have trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Safeguard Scientifics earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave media coverage about the asset manager an impact score of 46.5141905619508 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several analysts recently issued reports on the company. Zacks Investment Research cut Safeguard Scientifics from a “buy” rating to a “hold” rating in a research note on Thursday, April 5th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $14.50 target price on shares of Safeguard Scientifics in a research note on Thursday, March 1st. Finally, Barrington Research reaffirmed a “buy” rating and set a $20.00 price objective on shares of Safeguard Scientifics in a research report on Tuesday, March 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Safeguard Scientifics presently has a consensus rating of “Hold” and an average price target of $16.17.
Safeguard Scientifics stock traded down $0.13 during trading hours on Friday, hitting $12.07. 38,216 shares of the stock traded hands, compared to its average volume of 114,533. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.73 and a current ratio of 0.73. The stock has a market cap of $251.93, a price-to-earnings ratio of -2.78 and a beta of 1.27. Safeguard Scientifics has a one year low of $10.65 and a one year high of $14.40.
Safeguard Scientifics (NYSE:SFE) last posted its quarterly earnings data on Thursday, March 1st. The asset manager reported ($0.91) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.05) by $0.14. During the same period in the prior year, the firm earned ($1.07) EPS. analysts predict that Safeguard Scientifics will post -3.23 earnings per share for the current year.
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About Safeguard Scientifics
Safeguard Scientifics, Inc no longer investing. It is a private equity and venture capital firm specializing in expansion financings, growth capital, management buyouts, recapitalizations, industry consolidations, corporate spinouts, growth stage, and early stage financings in Fintech sector. It initially invests in a Series A-C round and opportunistically in a seed round.
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