SigmaRoc (LON:SRC) Posts Earnings Results

Key Points

• SigmaRoc reported a quarterly earnings per share (EPS) of GBX 4.66, with a negative net margin of 0.29% and negative return on equity of 0.37%.
• The company's shares opened at GBX 123.40, with a twelve-month high of GBX 126.20 and a market capitalization of £1.34 billion.
• Deutsche Bank raised SigmaRoc's price target to GBX 140, maintaining a "buy" rating, while the stock currently holds an average buy rating with a consensus target price of GBX 140.

SigmaRoc (LON:SRC - Get Free Report) released its quarterly earnings results on Monday. The company reported GBX 4.66 earnings per share for the quarter, Digital Look Earnings reports. SigmaRoc had a negative return on equity of 0.37% and a negative net margin of 0.29%.

SigmaRoc Price Performance

SRC stock traded up GBX 1.20 during trading on Friday, reaching GBX 123.40. The company's stock had a trading volume of 4,358,519 shares, compared to its average volume of 5,940,609. SigmaRoc has a 1 year low of GBX 65.60 and a 1 year high of GBX 126.20. The company has a quick ratio of 0.88, a current ratio of 1.08 and a debt-to-equity ratio of 92.26. The company has a market capitalization of £1.34 billion, a P/E ratio of 6,328.21 and a beta of 1.72. The company's fifty day moving average is GBX 117.08 and its 200-day moving average is GBX 103.38.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft raised their target price on SigmaRoc from GBX 115 to GBX 140 and gave the stock a "buy" rating in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, SigmaRoc currently has a consensus rating of "Buy" and an average price target of GBX 140.

SigmaRoc Company Profile

SigmaRoc is an AIM-quoted lime and limestone group targeting quarried materials assets in the UK and Northern Europe. It seeks to create value by purchasing assets in fragmented materials markets and extracting efficiencies through active management and by forming the assets into larger groups. It seeks to de-risk its investments through the selection of projects with strong asset-backing.