Senior (LON:SNR) Hits New 12-Month High – Should You Buy?

by · The Cerbat Gem

Shares of Senior plc (LON:SNRGet Free Report) reached a new 52-week high on Thursday . The stock traded as high as GBX 224.50 and last traded at GBX 224, with a volume of 1135946 shares traded. The stock had previously closed at GBX 215.50.

Wall Street Analysts Forecast Growth

SNR has been the topic of a number of research analyst reports. Berenberg Bank reissued a “buy” rating and set a GBX 275 price objective on shares of Senior in a report on Friday, November 21st. Jefferies Financial Group lifted their price target on shares of Senior from GBX 185 to GBX 230 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 241.67.

Read Our Latest Analysis on Senior

Senior Stock Performance

The company has a current ratio of 1.56, a quick ratio of 0.84 and a debt-to-equity ratio of 59.35. The stock has a market cap of £890.88 million, a price-to-earnings ratio of -115.86, a PEG ratio of 0.11 and a beta of 1.47. The stock’s 50 day moving average is GBX 190.05 and its two-hundred day moving average is GBX 191.74.

Insider Buying and Selling

In related news, insider Ian King purchased 75,000 shares of the business’s stock in a transaction dated Wednesday, November 26th. The stock was acquired at an average price of GBX 174 per share, for a total transaction of £130,500. Also, insider Mary Waldner purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were bought at an average cost of GBX 188 per share, with a total value of £18,800. Over the last 90 days, insiders have bought 152,500 shares of company stock worth $27,882,500. Insiders own 1.48% of the company’s stock.

Senior Company Profile

(Get Free Report)

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.

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