Senior (LON:SNR) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Senior crossed above its 200-day moving average, trading as high as GBX 276 and last at GBX 266.50 versus the 200‑day MA of GBX 215.33 on volume of about 7.92 million shares.
• Analyst consensus is "Buy" — three analysts rate the stock Buy with an average price target of GBX 253.33, and recent upgrades from Jefferies (GBX 230), Deutsche Bank (GBX 255) and Berenberg (GBX 275).
• Fundamentals are mixed: market cap ~£1.10 billion and a negative P/E (-261.27), but the company reported GBX 9.65 EPS for the quarter with a 3.98% net margin and 7.31% ROE.

Senior plc (LON:SNR - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 215.33 and traded as high as GBX 276. Senior shares last traded at GBX 266.50, with a volume of 7,924,728 shares changing hands.

Analyst Ratings Changes

Several research firms have recently weighed in on SNR. Jefferies Financial Group raised their price objective on Senior from GBX 185 to GBX 230 and gave the stock a "buy" rating in a research note on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft upped their target price on Senior from GBX 215 to GBX 255 and gave the company a "buy" rating in a report on Friday, January 23rd. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 275 price target on shares of Senior in a research note on Friday, November 21st. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of GBX 253.33.

Senior Stock Performance

The firm has a market cap of £1.10 billion, a price-to-earnings ratio of -261.27, a price-to-earnings-growth ratio of 0.11 and a beta of 1.24. The stock has a fifty day moving average price of GBX 259.80 and a 200 day moving average price of GBX 215.33. The company has a current ratio of 1.69, a quick ratio of 0.84 and a debt-to-equity ratio of 52.41.

Senior (LON:SNR - Get Free Report) last posted its earnings results on Monday, March 2nd. The company reported GBX 9.65 earnings per share for the quarter. Senior had a return on equity of 7.31% and a net margin of 3.98%. As a group, analysts predict 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.

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