Stelrad Group (LON:SRAD) Posts Quarterly Earnings Results

Stelrad Group (LON:SRAD) issued its earnings results on Friday. The company reported GBX 7.43 EPS for the quarter, Digital Look Earnings reports. Stelrad Group had a net margin of 0.30% and a return on equity of 1.61%.

Stelrad Group Trading Up 1.3%

LON:SRAD traded up GBX 2 during trading hours on Friday, hitting GBX 155. The stock had a trading volume of 38,442 shares, compared to its average volume of 113,881. Stelrad Group has a one year low of GBX 115.88 and a one year high of GBX 174. The company has a debt-to-equity ratio of 144.23, a quick ratio of 0.76 and a current ratio of 1.78. The company has a market cap of £197.40 million, a price-to-earnings ratio of 234.85 and a beta of 0.40. The business’s 50 day moving average is GBX 152.50 and its 200-day moving average is GBX 140.10.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 190 price objective on shares of Stelrad Group in a research note on Friday. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 190.

Insiders Place Their Bets

In other news, insider Katherine Innes Ker acquired 3,750 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was acquired at an average price of GBX 152 per share, for a total transaction of £5,700. Also, insider Martyn Coffey acquired 15,000 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was purchased at an average price of GBX 131 per share, with a total value of £19,650. Company insiders own 15.67% of the company’s stock.

Stelrad Group Company Profile

Stelrad is a leading specialist manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey, selling an extensive range of standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators and other steel “column” radiators.