SGS (SGSOY) Projected to Post Earnings on Thursday

Key Points

• SGS (SGSOY) is set to report its quarterly earnings on Monday, July 28, with analysts anticipating earnings of $0.22 per share and revenue of $4.24 billion.
• The stock price of SGS has increased by 1.3% and is currently trading at $10.58, with a twelve-month high of $11.54.
• Equities research analysts have recently upgraded SGS's rating, with Royal Bank of Canada moving it to "hold" and Berenberg Bank and Sanford C. Bernstein both assigning a "strong-buy" rating.

SGS (OTCMKTS:SGSOY - Get Free Report) is projected to release its earnings data before the market opens on Thursday, July 24th. Analysts expect SGS to post earnings of $0.22 per share and revenue of $4.24 billion for the quarter.

SGS Price Performance

Shares of SGSOY stock traded down $0.09 on Wednesday, reaching $10.20. The company's stock had a trading volume of 49,649 shares, compared to its average volume of 96,038. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 3.08. The stock's fifty day simple moving average is $10.31 and its 200-day simple moving average is $10.01. SGS has a 1 year low of $8.42 and a 1 year high of $11.54.

Wall Street Analysts Forecast Growth

Several analysts recently commented on SGSOY shares. Berenberg Bank upgraded SGS from a "hold" rating to a "strong-buy" rating in a research report on Friday, July 11th. Royal Bank Of Canada raised SGS from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 8th. Finally, Sanford C. Bernstein raised SGS to a "strong-buy" rating in a research report on Friday, June 27th.

About SGS

SGS SA provides inspection, testing, and verification services in Europe, Africa, the Middle East, the Americas, and the Asia Pacific. It operates in five segments: Connectivity & Products, Health & Nutrition, Industries & Environment, Natural Resources, and Business Assurance. The company provides laboratory testing, product inspection and consulting, process assessment, technical and transactional assistance; and automotive, connectivity, softlines and accessories, and hardgoods, toys, and juvenile products, as well as government and trade facilitation services.