Alfa Financial Software (LON:ALFA) Stock Falls 1% - What's Next?

Key Points

• Alfa Financial Software shares fell 1% to GBX 169.80, with trading volume 69% below the average session level.
• Analysts remain bullish: four research firms rate the stock “Buy,” with a consensus price target of GBX 256.25, well above its current price.
• The company reported quarterly EPS of GBX 4.55, a 21.42% net margin, and a 53.53% return on equity; an insider also sold 35,405 shares at GBX 166.

Alfa Financial Software Holdings PLC (LON:ALFA - Get Free Report) dropped 1% during trading on Thursday. The stock traded as low as GBX 168.75 and last traded at GBX 169.80. 618,959 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 1,987,546 shares. The stock had previously closed at GBX 171.60.

Analyst Ratings Changes

Several analysts recently commented on ALFA shares. Canaccord Genuity Group restated a "buy" rating and issued a GBX 220 target price on shares of Alfa Financial Software in a research report on Thursday, July 30th. Berenberg Bank reiterated a "buy" rating and set a GBX 260 price target on shares of Alfa Financial Software in a research report on Thursday, September 17th. Four equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of GBX 256.25.

Alfa Financial Software Stock Performance

The company has a debt-to-equity ratio of 17.37, a quick ratio of 1.37 and a current ratio of 1.77. The stock has a market cap of £505.24 million, a price-to-earnings ratio of 18.18, a PEG ratio of 4.19 and a beta of 0.23. The company's 50 day simple moving average is GBX 162.15 and its 200 day simple moving average is GBX 167.06.

Alfa Financial Software (LON:ALFA - Get Free Report) last announced its earnings results on Thursday, September 3rd. The company reported GBX 4.55 EPS for the quarter. Alfa Financial Software had a return on equity of 53.53% and a net margin of 21.42%. On average, equities research analysts anticipate that Alfa Financial Software Holdings PLC will post 8.76 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Chris Sullivan sold 35,405 shares of Alfa Financial Software stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of GBX 166, for a total transaction of £58,772.30. 54.97% of the stock is owned by corporate insiders.

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. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.