Wall Street brokerages expect Safeguard Scientifics, Inc (NYSE:SFE) to report ($0.53) earnings per share for the current quarter, Zacks reports. Zero analysts have issued estimates for Safeguard Scientifics’ earnings. Safeguard Scientifics reported earnings per share of ($0.81) during the same quarter last year, which would indicate a positive year over year growth rate of 34.6%. The company is scheduled to report its next quarterly earnings report on Thursday, February 27th.

According to Zacks, analysts expect that Safeguard Scientifics will report full year earnings of $1.71 per share for the current financial year. For the next year, analysts anticipate that the business will report earnings of ($1.60) per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Safeguard Scientifics.

Safeguard Scientifics (NYSE:SFE) last posted its earnings results on Thursday, November 7th. The asset manager reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.56) by $0.44.

Separately, ValuEngine raised Safeguard Scientifics from a “strong sell” rating to a “sell” rating in a report on Thursday, August 8th.

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Safeguard Scientifics by 13.5% in the 2nd quarter. Vanguard Group Inc. now owns 1,291,339 shares of the asset manager’s stock valued at $15,586,000 after buying an additional 153,584 shares in the last quarter. Janus Henderson Group PLC grew its holdings in Safeguard Scientifics by 26.6% in the 2nd quarter. Janus Henderson Group PLC now owns 600,355 shares of the asset manager’s stock valued at $7,237,000 after buying an additional 126,008 shares in the last quarter. Rock Creek Group LP acquired a new position in Safeguard Scientifics in the 2nd quarter valued at $604,000. Strs Ohio acquired a new position in Safeguard Scientifics in the 2nd quarter valued at $582,000. Finally, Dalton Greiner Hartman Maher & Co. acquired a new position in Safeguard Scientifics in the 3rd quarter valued at $454,000. 67.76% of the stock is currently owned by institutional investors and hedge funds.

SFE stock opened at $11.97 on Wednesday. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $241.22 million, a PE ratio of -15.75 and a beta of 0.83. Safeguard Scientifics has a 1-year low of $7.98 and a 1-year high of $12.91. The business’s 50 day simple moving average is $11.34 and its 200 day simple moving average is $11.77.

Safeguard Scientifics Company Profile

Safeguard Scientifics, Inc no longer investing. It is a private equity and venture capital firm specializing in expansion financings, growth capital, management buyouts, recapitalizations, industry consolidations, corporate spinouts, growth stage, and early stage financings. It initially invests in a Series A-C round and opportunistically in a seed round.

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Earnings History and Estimates for Safeguard Scientifics (NYSE:SFE)

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