SThree (LON:STEM) Trading Up 0.9% – Here’s What Happened

SThree plc (LON:STEM)’s share price shot up 0.9% during trading on Tuesday . The company traded as high as GBX 268.50 ($3.47) and last traded at GBX 265.80 ($3.44). 296,037 shares changed hands during trading, a decline of 61% from the average session volume of 755,061 shares. The stock had previously closed at GBX 263.50 ($3.41).

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Berenberg Bank reissued a “buy” rating and set a GBX 390 ($5.04) price target on shares of SThree in a research report on Tuesday, January 28th. Jefferies Financial Group reissued a “hold” rating and set a GBX 300 ($3.88) target price on shares of SThree in a report on Tuesday, December 17th.

SThree Stock Performance

The stock has a market capitalization of £346.96 million, a P/E ratio of 7.03, a PEG ratio of 0.75 and a beta of 0.98. The company’s fifty day simple moving average is GBX 260.70 and its two-hundred day simple moving average is GBX 312.44. The company has a debt-to-equity ratio of 16.03, a quick ratio of 1.69 and a current ratio of 1.98.

SThree (LON:STEM) last released its quarterly earnings results on Tuesday, January 28th. The company reported GBX 37.40 ($0.48) earnings per share (EPS) for the quarter. SThree had a return on equity of 20.90% and a net margin of 3.33%. As a group, equities analysts forecast that SThree plc will post 38.490881 EPS for the current year.

SThree Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, May 8th will be given a dividend of GBX 9.20 ($0.12) per share. This represents a yield of 3.33%. This is a positive change from SThree’s previous dividend of $5.10. The ex-dividend date of this dividend is Thursday, May 8th. SThree’s dividend payout ratio (DPR) is currently 44.97%.

Insider Buying and Selling at SThree

In related news, insider Timo Lehne sold 10,964 shares of the business’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of GBX 250 ($3.23), for a total value of £27,410 ($35,436.33). Also, insider Andrew Beach acquired 13,886 shares of SThree stock in a transaction on Tuesday, March 11th. The shares were purchased at an average price of GBX 260 ($3.36) per share, for a total transaction of £36,103.60 ($46,675.63). Insiders acquired 13,951 shares of company stock valued at $3,627,404 in the last quarter. Company insiders own 6.23% of the company’s stock.

About SThree

SThree plc brings skilled people together to build the future. We are the global STEM workforce consultancy, placing highly skilled, STEM specialist workers in the industries where they are needed most. We advise businesses, build expert teams, and deliver project solutions for our clients. With more than 38 years of experience in pure-play STEM and a global team of 2,700+ people each with local expertise across 11 countries, we cover high-demand skills across Engineering, Life Sciences and Technology roles.