Senior (LON:SNR) Shares Pass Above 200-Day Moving Average - Here's What Happened

Key Points

• Senior plc's stock price recently surpassed its 200-day moving average, trading at GBX 200.50 ($2.71) with a high of GBX 202.50 ($2.74).
• Analysts maintain a consensus buy rating for Senior, with Jefferies setting a price target of GBX 185 and Deutsche Bank raising their target from GBX 195 to GBX 220.
• The company reported an earnings per share of GBX 5.07 with a net margin of 3.09% and a return on equity of 6.67%.

Senior plc (LON:SNR - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 166.41 ($2.23) and traded as high as GBX 202.50 ($2.71). Senior shares last traded at GBX 200.50 ($2.69), with a volume of 695,532 shares trading hands.

Wall Street Analyst Weigh In

Several analysts recently commented on SNR shares. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 185 target price on shares of Senior in a report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft increased their target price on Senior from GBX 195 to GBX 220 and gave the company a "buy" rating in a research report on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Senior currently has an average rating of "Buy" and an average price target of GBX 202.50.

Senior Trading Up 2.1%

The stock has a fifty day moving average of GBX 192.18 and a two-hundred day moving average of GBX 167.18. The company has a current ratio of 1.56, a quick ratio of 0.84 and a debt-to-equity ratio of 59.35. The company has a market capitalization of £803.57 million, a PE ratio of 3,176.14, a PEG ratio of 0.11 and a beta of 1.47.

Senior (LON:SNR - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The company reported GBX 5.07 EPS for the quarter. Senior had a net margin of 3.09% and a return on equity of 6.67%. As a group, sell-side analysts anticipate that Senior plc will post 5.8304196 earnings per share for the current fiscal year.

About Senior

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*. Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets. The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.