SThree (LON:STEM) Price Target Raised to GBX 450 at Jefferies Financial Group

SThree (LON:STEM – Get Rating) had its target price hoisted by Jefferies Financial Group from GBX 390 ($4.75) to GBX 450 ($5.48) in a research report sent to investors on Tuesday morning, Marketbeat Ratings reports. The brokerage currently has a hold rating on the stock.

SThree Stock Up 1.4 %

STEM stock opened at GBX 461.50 ($5.62) on Tuesday. The stock has a market capitalization of £620.53 million, a P/E ratio of 1,153.75, a price-to-earnings-growth ratio of 0.75 and a beta of 0.99. The company has a current ratio of 1.76, a quick ratio of 1.69 and a debt-to-equity ratio of 17.03. SThree has a 12 month low of GBX 312.50 ($3.81) and a 12 month high of GBX 492 ($6.00). The firm has a 50-day moving average price of GBX 431.27 and a 200-day moving average price of GBX 397.28.

SThree Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 9th. Stockholders of record on Thursday, May 11th will be issued a GBX 11 ($0.13) dividend. The ex-dividend date of this dividend is Thursday, May 11th. This represents a dividend yield of 2.65%. This is a boost from SThree’s previous dividend of $5.00. SThree’s dividend payout ratio is 4,000.00%.

Insider Transactions at SThree

In other news, insider Timo Lehne sold 9,150 shares of the stock in a transaction dated Thursday, February 9th. The shares were sold at an average price of GBX 427 ($5.20), for a total value of £39,070.50 ($47,617.92). Company insiders own 5.42% of the company’s stock.

SThree Company Profile

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SThree plc provides specialist contract and permanent staffing services for technology, engineering, life sciences, banking and finance, and other sectors. It offers permanent, contract, project, retained, and executive search recruitment solutions, as well as support and mobility services. The company provides its services under the Computer Futures, Progressive, Huxley Associates, Real Staffing Group, Global Enterprise Partners, JP Gray, Madison Black, and Newington International brands.