Signify (OTCMKTS:SFFYF – Get Free Report) will likely be issuing its resultson Friday, July 24th. Analysts expect the company to post earnings of $0.3642 per share and revenue of $1.5265 billion for the quarter.
Signify Stock Performance
SFFYF stock opened at $18.49 on Wednesday. Signify has a 12-month low of $18.49 and a 12-month high of $26.65. The company has a 50 day moving average of $21.65 and a two-hundred day moving average of $22.31.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group downgraded shares of Signify to a “neutral” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.
About Signify
Signify N.V. (OTCMKTS: SFFYF) is a global leader in lighting products, systems and services. Established as a standalone company following its spin-off from Koninklijke Philips N.V. in 2016, Signify leverages decades of expertise in illumination technology. The company’s offerings span conventional and energy-efficient LED lamps, luminaires and connected lighting systems designed for both professional and consumer markets.
Signify’s product portfolio includes smart lighting solutions under the Philips Hue brand, digital lighting controls, and Internet of Things (IoT) enabled platforms such as Interact.
Further Reading
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