Alfa Financial Software (LON:ALFA) Shares Up 0.9% - Still a Buy?

Key Points

• Alfa Financial Software shares increased by 0.9% to GBX 233 ($3.13), despite a significant drop in trading volume of 65% compared to previous sessions.
• Analysts maintain a generally positive outlook, with Canaccord Genuity setting a price target of GBX 282 and Shore Capital at GBX 270, resulting in an average "Buy" rating from equity researchers.
• The company reported a strong quarterly earnings result of GBX 5.38 earnings per share (EPS), with a notable 51.52% return on equity and a net margin of 21.79%.

Alfa Financial Software Holdings PLC (LON:ALFA - Get Free Report) traded up 0.9% on Tuesday . The stock traded as high as GBX 239 ($3.21) and last traded at GBX 233 ($3.13). 183,189 shares were traded during mid-day trading, a decline of 65% from the average session volume of 527,777 shares. The stock had previously closed at GBX 231 ($3.11).

Analysts Set New Price Targets

ALFA has been the topic of a number of analyst reports. Canaccord Genuity Group assumed coverage on shares of Alfa Financial Software in a report on Thursday, August 21st. They issued a "buy" rating and a GBX 282 price objective on the stock. Shore Capital restated a "buy" rating and issued a GBX 270 target price on shares of Alfa Financial Software in a research report on Thursday, September 4th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of GBX 276.

Alfa Financial Software Stock Up 0.9%

The company has a current ratio of 1.43, a quick ratio of 1.37 and a debt-to-equity ratio of 20.78. The firm's fifty day moving average is GBX 229.40 and its 200 day moving average is GBX 226.49. The stock has a market cap of £691.04 million, a P/E ratio of 2,721.96, a P/E/G ratio of 4.19 and a beta of 0.08.

Alfa Financial Software (LON:ALFA - Get Free Report) last issued 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 return on equity of 51.52% and a net margin of 21.79%. As a group, equities research analysts forecast that Alfa Financial Software Holdings PLC will post 8.7583445 EPS for the current 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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