Safestay’s (SSTY) House Stock Rating Reiterated at Shore Capital Group

Shore Capital Group reiterated their house stock rating on shares of Safestay (LON:SSTY) in a research note published on Wednesday morning,Digital Look reports.

Safestay Stock Down 5.2%

Shares of SSTY opened at GBX 12.32 on Wednesday. The firm has a market cap of £8.00 million, a P/E ratio of -0.80 and a beta of 1.34. The company has a debt-to-equity ratio of 334.89, a quick ratio of 1.26 and a current ratio of 0.55. Safestay has a 52 week low of GBX 10.30 and a 52 week high of GBX 35. The firm’s 50-day simple moving average is GBX 13.46 and its 200 day simple moving average is GBX 14.35.

Safestay (LON:SSTY) last issued its quarterly earnings data on Monday, June 29th. The company reported GBX (15.48) earnings per share (EPS) for the quarter. Safestay had a negative return on equity of 44.19% and a negative net margin of 48.84%. On average, analysts forecast that Safestay will post 24.0500009 earnings per share for the current year.

About Safestay

Safestay PLC is one of Europe’s largest hostel groups, operating in the fragmented and fast-growing global hostel market that is expected to be worth $8.9bn annually by 2027*.

Safestay’s portfolio of 20 premium hostels and one hotel offer guests both private and shared rooms in destination cities across the UK, Spain, Belgium, Czech Republic, Germany, Greece, Italy, Poland, Portugal, and Slovakia.

In 2024, the Group delivered a 10% increase in Total Bed Nights to 931,688, 37% of which were booked through direct and non-commissionable channels.