Alfa Financial Software (LON:ALFA) Sets New 1-Year Low - Here's What Happened

Key Points

• 52‑week low: Alfa Financial Software shares fell to a new 52‑week low of GBX 147.40 (last GBX 147.60) on Tuesday, trading down about 2.3% with 831,039 shares and sitting well below its 50‑day (GBX 192.33) and 200‑day (GBX 213.75) moving averages.
• Analyst view: Despite the drop, the consensus rating remains Buy with an average target of GBX 269.67; Canaccord trimmed its target to GBX 264 from GBX 382 while Shore Capital reiterated a buy.
• Company fundamentals show a market cap of £437.06m, a P/E of 14.89 and strong profitability (ROE 58.6%, net margin 23.8%), with last quarter EPS of GBX 10.19.

Alfa Financial Software Holdings PLC (LON:ALFA - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 147.40 and last traded at GBX 147.60, with a volume of 831039 shares changing hands. The stock had previously closed at GBX 151.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ALFA. Canaccord Genuity Group decreased their target price on shares of Alfa Financial Software from GBX 382 to GBX 264 and set a "buy" rating on the stock in a research report on Friday, March 13th. Shore Capital Group restated a "buy" rating on shares of Alfa Financial Software in a research report on Friday, March 13th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Alfa Financial Software has a consensus rating of "Buy" and a consensus target price of GBX 269.67.

Alfa Financial Software Trading Down 2.3%

The stock has a market capitalization of £437.06 million, a P/E ratio of 14.89, a P/E/G ratio of 4.19 and a beta of 0.08. The firm's 50 day moving average price is GBX 192.33 and its 200 day moving average price is GBX 213.75. The company has a debt-to-equity ratio of 17.99, a current ratio of 1.60 and a quick ratio of 1.37.

Alfa Financial Software (LON:ALFA - Get Free Report) last posted its earnings results on Thursday, March 12th. The company reported GBX 10.19 earnings per share (EPS) for the quarter. Alfa Financial Software had a return on equity of 58.56% and a net margin of 23.76%. As a group, equities research analysts expect that Alfa Financial Software Holdings PLC will post 8.7583445 earnings per share for the current fiscal year.

About Alfa Financial Software

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.

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