Severn Trent (LON:SVT) Releases Quarterly Earnings Results

Severn Trent (LON:SVT - Get Free Report) released its quarterly earnings data on Wednesday. The company reported GBX 112.10 ($1.50) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Severn Trent had a net margin of 6.00% and a return on equity of 10.40%.

Severn Trent Price Performance

LON SVT traded up GBX 46 ($0.62) during trading on Wednesday, reaching GBX 2,759 ($36.95). The company's stock had a trading volume of 2,051,737 shares, compared to its average volume of 3,455,564. The firm has a fifty day moving average of GBX 2,614.26 and a 200 day moving average of GBX 2,560.13. Severn Trent has a one year low of GBX 2,310 ($30.94) and a one year high of GBX 2,807 ($37.59). The stock has a market capitalization of £8.24 billion, a PE ratio of 46.05, a P/E/G ratio of 4.69 and a beta of 0.38. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73.

Analyst Upgrades and Downgrades

A number of analysts have commented on SVT shares. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Severn Trent in a report on Thursday, March 6th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Severn Trent from GBX 2,700 ($36.16) to GBX 2,600 ($34.82) and set a "hold" rating on the stock in a report on Thursday, March 6th.

About Severn Trent

As one of Britain's largest water companies, we provide over eight million people across our region with fresh, clean drinking water – about two billion litres every day. And when they've finished with it, we take it away again then clean and treat it before returning it safely back to the environment. We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long term asset growth and an inflation-linked dividend.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.