Senior (LON:SNR) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Senior plc's stock recently surpassed its 200-day moving average, reaching a trading high of GBX 196 ($2.64).
• Wall Street analysts remain optimistic, with Deutsche Bank raising their price target from GBX 195 to GBX 220 and two analysts giving the stock a strong Buy rating.
• The company reported an EPS of GBX 5.07 for the last quarter and has a market cap of £826.60 million, reflecting its strong performance in the engineering solutions sector.

Senior plc (LON:SNR - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 164.77 ($2.22) and traded as high as GBX 196 ($2.64). Senior shares last traded at GBX 196 ($2.64), with a volume of 369,616 shares traded.

Wall Street Analysts Forecast Growth

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

Senior Price Performance

The stock has a market cap of £826.60 million, a price-to-earnings ratio of 26.86, a PEG ratio of 0.11 and a beta of 1.47. The company has a 50 day simple moving average of GBX 187.27 and a 200-day simple moving average of GBX 164.77. 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 posted its earnings results on Monday, August 4th. The company reported GBX 5.07 EPS for the quarter. Senior had a return on equity of 6.67% and a net margin of 3.09%. As a group, research analysts anticipate that Senior plc will post 5.8304196 EPS 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.

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