Safran (OTCMKTS:SAFRY – Get Free Report) is expected to be releasing its resultson Tuesday, July 28th. Analysts expect Safran to post earnings of $1.45 per share and revenue of $19.9934 billion for the quarter.
Safran Trading Up 2.6%
Shares of OTCMKTS SAFRY opened at $93.66 on Friday. The stock’s 50-day moving average is $91.24 and its two-hundred day moving average is $90.07. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.68 and a current ratio of 0.93. Safran has a 1-year low of $76.86 and a 1-year high of $106.71.
Wall Street Analysts Forecast Growth
SAFRY has been the subject of a number of recent research reports. Wells Fargo & Company upgraded shares of Safran to a “strong-buy” rating in a research note on Tuesday, March 31st. BNP Paribas Exane assumed coverage on shares of Safran in a research report on Monday, April 13th. They issued a “neutral” rating on the stock. Citigroup reaffirmed a “neutral” rating on shares of Safran in a research report on Monday, July 13th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Safran in a report on Thursday, April 9th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Safran in a research note on Friday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
About Safran
Safran is a French multinational company active in aerospace, defense and security, with headquarters in the Paris area. The group was formed through the consolidation of long-established French aerospace and technology businesses and has developed into a broad supplier to commercial aviation, helicopters, space programs and military customers. Safran operates manufacturing, engineering and service facilities around the world to support original equipment manufacturers and aftermarket needs.
The company’s principal activities cover aircraft propulsion and equipment.
Recommended Stories
- Five stocks we like better than Safran
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Receive News & Ratings for Safran Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safran and related companies with MarketBeat.com's FREE daily email newsletter.
