SThree (LON:STEM) Given "Buy" Rating at Berenberg Bank

Key Points

• Berenberg Bank has reaffirmed a "buy" rating for SThree (LON:STEM), setting a price target of GBX 390 ($5.21), indicating a potential upside of 76.35% based on the company's previous close.
• Deutsche Bank also reiterated a "buy" rating for SThree with a price objective of GBX 360 ($4.81), showcasing strong analyst confidence in the company's performance.
• SThree reported earnings per share of GBX 5.60 ($0.07) for the last quarter and has a market capitalization of £288.68 million, with a P/E ratio of 5.85.

Berenberg Bank reissued their buy rating on shares of SThree (LON:STEM - Free Report) in a research report report published on Tuesday, MarketBeat.com reports. They currently have a GBX 390 ($5.17) price objective on the stock.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 360 ($4.77) price objective on shares of SThree in a research report on Friday, July 11th.

SThree Trading Down 3.9%

STEM stock traded down GBX 8.50 ($0.11) during midday trading on Tuesday, hitting GBX 212 ($2.81). The stock had a trading volume of 261,167 shares, compared to its average volume of 583,146. The firm has a market cap of £276.73 million, a P/E ratio of 5.61, a price-to-earnings-growth ratio of 0.75 and a beta of 0.98. The company has a current ratio of 1.98, a quick ratio of 1.69 and a debt-to-equity ratio of 16.03. SThree has a 1-year low of GBX 212 ($2.81) and a 1-year high of GBX 420.94 ($5.58). The business has a fifty day moving average price of GBX 237.26 and a two-hundred day moving average price of GBX 247.88.

SThree (LON:STEM - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported GBX 5.60 ($0.07) earnings per share for the quarter. SThree had a net margin of 3.33% and a return on equity of 20.90%. On average, sell-side analysts predict that SThree will post 38.490881 earnings per share for the current fiscal year.

About SThree

SThree plc brings skilled people together to build the future. We are the global STEM workforce consultancy, placing highly skilled, STEM specialist workers in the industries where they are needed most. We advise businesses, build expert teams, and deliver project solutions for our clients. With more than 38 years of experience in pure-play STEM and a global team of 2,700+ people each with local expertise across 11 countries, we cover high-demand skills across Engineering, Life Sciences and Technology roles.