Alfa Financial Software (LON:ALFA) Trading Up 1.8% – Still a Buy?

Alfa Financial Software Holdings PLC (LON:ALFA)’s share price rose 1.8% during trading on Thursday . The company traded as high as GBX 195.80 and last traded at GBX 195.20. Approximately 703,873 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 1,251,524 shares. The stock had previously closed at GBX 191.80.

Analyst Ratings Changes

ALFA has been the subject of a number of recent research reports. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 282 price target on shares of Alfa Financial Software in a research note on Monday, February 2nd. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 270 target price on shares of Alfa Financial Software in a report on Thursday, January 29th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 275 target price on shares of Alfa Financial Software in a research note on Thursday, November 13th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 275.67.

Alfa Financial Software Stock Up 1.8%

The company has a debt-to-equity ratio of 18.59, a quick ratio of 1.37 and a current ratio of 1.60. The firm has a market capitalization of £578.00 million, a price-to-earnings ratio of 19.70, a PEG ratio of 4.19 and a beta of 0.08. The firm has a fifty day moving average price of GBX 201.90 and a 200 day moving average price of GBX 218.06.

Alfa Financial Software Company Profile

Alfa has been delivering leading-edge technology to the global asset finance and leasing industry since 1990. Our specialised expertise enables us to deliver the most challenging systems transformation projects successfully.

Alfa Systems, our class-leading SaaS platform, is at the heart of the world’s largest and most progressive asset finance operations. Supporting all types of automotive, equipment and wholesale finance, Alfa Systems is proven at volume and across borders, and trusted by leading brands to manage complex portfolios, drive efficiency and sustainability, and enhance the customer experience.

With full functionality for originations, servicing and collections, Alfa Systems is live in 37 countries, representing an integrated point solution, a rapid off-the-shelf implementation, or an end-to-end platform for the complex global enterprise.