SThree (LON:STEM) Shares Down 8.7% - What's Next?

Key Points

• SThree plc's stock price dropped 8.7% to GBX 220.50, with trading volume increasing by 107% compared to its average.
• Analysts from Berenberg Bank and Deutsche Bank have set buy ratings for SThree, with price targets of GBX 390 ($5.21) and GBX 360 ($4.81) respectively.
• The company reported earnings of GBX 5.60 ($0.07) per share and has a market cap of £285.87 million with a return on equity of 20.90%.

Shares of SThree plc (LON:STEM - Get Free Report) fell 8.7% during trading on Wednesday . The company traded as low as GBX 219 ($2.91) and last traded at GBX 220.50 ($2.93). 1,212,240 shares traded hands during mid-day trading, an increase of 107% from the average session volume of 585,367 shares. The stock had previously closed at GBX 241.50 ($3.21).

Analyst Upgrades and Downgrades

Several brokerages have issued reports on STEM. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 360 ($4.78) target price on shares of SThree in a report on Wednesday. Berenberg Bank restated a "buy" rating and set a GBX 390 ($5.18) price objective on shares of SThree in a research report on Tuesday.

SThree Stock Performance

The company has a debt-to-equity ratio of 16.03, a current ratio of 1.98 and a quick ratio of 1.69. The company has a market cap of £272.82 million, a PE ratio of 5.53, a PEG ratio of 0.75 and a beta of 0.98. The stock has a 50 day simple moving average of GBX 236.66 and a two-hundred day simple moving average of GBX 247.08.

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

Insider Transactions at SThree

In related news, insider Timo Lehne sold 1,579 shares of SThree stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of GBX 218 ($2.89), for a total transaction of £3,442.22 ($4,568.91). Insiders have bought 167 shares of company stock valued at $41,563 over the last three months. Company insiders own 6.23% of the company's stock.

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.