Senior (LON:SNR) Reaches New 52-Week High – Time to Buy?

Senior plc (LON:SNR) shares reached a new 52-week high on Thursday . The company traded as high as GBX 315.50 and last traded at GBX 315.50, with a volume of 1924571 shares trading hands. The stock had previously closed at GBX 300.

Analysts Set New Price Targets

Several analysts recently commented on SNR shares. Berenberg Bank restated a “buy” rating and issued a GBX 275 target price on shares of Senior in a research report on Friday, November 21st. Deutsche Bank Aktiengesellschaft increased their price target on Senior from GBX 215 to GBX 255 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Finally, Jefferies Financial Group lifted their price objective on shares of Senior from GBX 185 to GBX 230 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of GBX 253.33.

Senior Stock Performance

The company has a fifty day moving average price of GBX 239.29 and a two-hundred day moving average price of GBX 207.92. The firm has a market cap of £1.30 billion, a price-to-earnings ratio of -169.35, a price-to-earnings-growth ratio of 0.11 and a beta of 1.17. The company has a debt-to-equity ratio of 52.41, a current ratio of 1.69 and a quick ratio of 0.84.

Senior (LON:SNR) last issued its quarterly earnings results on Monday, March 2nd. The company reported GBX 9.65 EPS for the quarter. Senior had a net margin of 3.98% and a return on equity of 7.31%. As a group, equities research analysts expect that Senior plc will post 5.8304196 EPS for the current year.

Insiders Place Their Bets

In related news, insider Mary Waldner purchased 10,000 shares of the company’s stock in a transaction on Friday, December 5th. The shares were bought at an average price of GBX 188 per share, with a total value of £18,800. Insiders own 1.48% of the company’s stock.

Senior Company Profile

Senior is an international, market-leading, engineering solutions provider with 30 operating businesses in 13 countries*.

Senior designs, manufactures and markets high-technology components and systems for the principal original equipment producers in the worldwide aerospace, defence, land vehicle and power & energy markets.

The Group aims to create long-term sustainable growth in shareholder value through a culture of empowerment of autonomous and collaborative operations working within an effective control framework.