Senior (LON:SNR) Reaches New 1-Year High – Here’s What Happened

Senior plc (LON:SNR)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 315.50 and last traded at GBX 315.50, with a volume of 1924571 shares changing hands. The stock had previously closed at GBX 300.

Analyst Ratings Changes

A number of research analysts recently commented on SNR shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 275 price objective on shares of Senior in a research report on Friday, November 21st. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Senior from GBX 215 to GBX 255 and gave the company a “buy” rating in a report on Friday, January 23rd. Finally, Jefferies Financial Group increased their price objective on Senior from GBX 185 to GBX 230 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 253.33.

Senior Price Performance

The company has a debt-to-equity ratio of 52.41, a current ratio of 1.69 and a quick ratio of 0.84. The stock has a market capitalization of £1.30 billion, a price-to-earnings ratio of -169.35, a PEG ratio of 0.11 and a beta of 1.17. The stock’s 50 day simple moving average is GBX 239.29 and its 200-day simple moving average is GBX 207.92.

Senior (LON:SNR) last released its quarterly earnings results on Monday, March 2nd. The company reported GBX 9.65 earnings per share for the quarter. Senior had a net margin of 3.98% and a return on equity of 7.31%. On average, analysts expect that Senior plc will post 5.8304196 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Mary Waldner bought 10,000 shares of the business’s stock in a transaction on Friday, December 5th. The shares were bought at an average cost of GBX 188 per share, for a total transaction of £18,800. 1.48% of the stock is currently owned by company insiders.

Senior Company Profile

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.