Deutsche Bank Aktiengesellschaft Has Lowered Expectations for SThree (LON:STEM) Stock Price

Key Points

• Deutsche Bank has cut SThree's price target from GBX 360 to GBX 290, while maintaining a "buy" rating, suggesting a potential 107.14% upside from the last closing price.
• Berenberg Bank also lowered its target price for SThree, from GBX 390 to GBX 250, affirming a "buy" rating and indicating mixed analyst sentiments with two "buy" and one "hold" ratings.
• SThree's stock is trading significantly below its 52-week high of GBX 409.50, opening at GBX 140, with analysts projecting an EPS of 38.49 for the current fiscal year.

SThree (LON:STEM - Free Report) had its price objective cut by Deutsche Bank Aktiengesellschaft from GBX 360 to GBX 290 in a report released on Tuesday, MarketBeat Ratings reports. They currently have a buy rating on the stock.

Separately, Berenberg Bank cut their target price on SThree from GBX 390 to GBX 250 and set a "buy" rating on the stock in a report on Tuesday, September 16th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 280.

SThree Price Performance

STEM stock traded up GBX 6 during midday trading on Tuesday, reaching GBX 144.80. 846,401 shares of the stock were exchanged, compared to its average volume of 679,049. The stock has a market capitalization of £183.92 million, a PE ratio of 664.22, a P/E/G ratio of 0.75 and a beta of 0.98. SThree has a 52 week low of GBX 132.20 and a 52 week high of GBX 409.50. The company has a debt-to-equity ratio of 16.03, a current ratio of 1.98 and a quick ratio of 1.69. The company has a fifty day moving average price of GBX 204.59 and a 200 day moving average price of GBX 230.51.

SThree (LON:STEM - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported GBX 5.60 earnings per share for the quarter. SThree had a return on equity of 20.90% and a net margin of 3.33%. As a group, analysts expect that SThree will post 38.490881 EPS for the current fiscal year.

Insider Activity at SThree

In related news, insider Timo Lehne acquired 7,404 shares of the stock in a transaction dated Tuesday, September 16th. The stock was purchased at an average cost of GBX 139 per share, with a total value of £10,291.56. Insiders purchased 39,638 shares of company stock valued at $7,030,107 over the last three months. Corporate insiders own 14.92% of the company's stock.

SThree Company Profile

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.