Senior (LON:SNR) Stock Price Crosses 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)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 166.41 ($2.25) and traded as high as GBX 202.50 ($2.73). Senior shares last traded at GBX 200.50 ($2.71), with a volume of 695,532 shares trading hands.

Analysts Set New Price Targets

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

Senior Price Performance

The stock has a fifty day moving average of GBX 191.40 and a two-hundred day moving average of GBX 166.78. The stock has a market cap of £828.87 million, a price-to-earnings ratio of 3,276.14, a price-to-earnings-growth ratio of 0.11 and a beta of 1.47. The company has a quick ratio of 0.84, a current ratio of 1.56 and a debt-to-equity ratio of 59.35.

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

Senior Company Profile

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.