Sampo (OTCMKTS:SAXPY) Releases Earnings Results

Sampo (OTCMKTS:SAXPY) issued its quarterly earnings data on Thursday. The financial services provider reported $0.32 EPS for the quarter, beating the consensus estimate of $0.27 by $0.05, Zacks reports. The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.33 billion.

Sampo Stock Performance

OTCMKTS SAXPY opened at $22.04 on Friday. The firm has a market capitalization of $117.71 billion, a P/E ratio of 12.81 and a beta of 0.45. Sampo has a fifty-two week low of $15.81 and a fifty-two week high of $24.43. The stock has a 50-day simple moving average of $23.25 and a two-hundred day simple moving average of $22.89. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.30 and a current ratio of 0.30.

Analyst Ratings Changes

A number of research analysts have recently commented on SAXPY shares. Keefe, Bruyette & Woods cut Sampo from a “moderate buy” rating to a “hold” rating in a research note on Monday, November 10th. Citigroup reissued a “neutral” rating on shares of Sampo in a research report on Thursday, November 20th. Finally, Barclays raised shares of Sampo to a “hold” rating in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Sampo Company Profile

Sampo plc is a Finland-based insurance and financial services group that primarily underwrites property and casualty (P&C) insurance while also offering life insurance and related financial products. The company operates through subsidiaries that provide a mix of retail and corporate insurance solutions, claims handling and risk management services. Its business model emphasizes underwriting discipline and diversified exposure across personal, commercial and specialty insurance lines.

Sampo’s operations include well-known subsidiaries that deliver core products and services: a Nordic P&C insurer that writes motor, property, liability and specialty lines, and a life insurance and wealth management arm that offers savings, pension solutions and asset management services.