Alfa Financial Software (LON:ALFA) Reaches New 1-Year High - Time to Buy?

Key Points

• Alfa Financial Software shares hit a new 52-week high of GBX 250 ($3.37) with a trading volume of 196,731 shares.
• Equity analysts have given the stock a consensus buy rating, with target prices ranging from GBX 270 to GBX 282.
• The company reported an earnings per share (EPS) of GBX 5.38 for the last quarter, and analysts anticipate an EPS of 8.76 for the current fiscal year.

Shares of Alfa Financial Software Holdings PLC (LON:ALFA - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 250 ($3.37) and last traded at GBX 250 ($3.37), with a volume of 196731 shares traded. The stock had previously closed at GBX 247.05 ($3.33).

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on ALFA shares. Canaccord Genuity Group began coverage on shares of Alfa Financial Software in a research report on Thursday, August 21st. They set a "buy" rating and a GBX 282 target price for the company. Shore Capital reiterated a "buy" rating and issued a GBX 270 price target on shares of Alfa Financial Software in a research note on Thursday. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of GBX 276.

Alfa Financial Software Stock Performance

The business's fifty day moving average is GBX 223.10 and its two-hundred day moving average is GBX 225.92. The stock has a market capitalization of £739.98 million, a PE ratio of 2,914.72, a price-to-earnings-growth ratio of 4.19 and a beta of 0.08. The company has a quick ratio of 1.37, a current ratio of 1.43 and a debt-to-equity ratio of 20.78.

Alfa Financial Software (LON:ALFA - Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The company reported GBX 5.38 earnings per share (EPS) for the quarter. Alfa Financial Software had a net margin of 21.79% and a return on equity of 51.52%. As a group, research analysts anticipate that Alfa Financial Software Holdings PLC will post 8.7583445 EPS for the current fiscal year.

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.

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