Alfa Financial Software (LON:ALFA) Reaches New 1-Year Low – Here’s Why

Shares of Alfa Financial Software Holdings PLC (LON:ALFA) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 140.40 and last traded at GBX 142.38, with a volume of 308871 shares trading hands. The stock had previously closed at GBX 142.40.

Analysts Set New Price Targets

ALFA has been the subject of a number of recent research reports. Canaccord Genuity Group dropped their target price on Alfa Financial Software from GBX 382 to GBX 264 and set a “buy” rating for the company in a report on Friday, March 13th. Shore Capital Group restated a “buy” rating on shares of Alfa Financial Software in a report on Friday, March 13th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Alfa Financial Software presently has an average rating of “Buy” and an average target price of GBX 269.67.

Alfa Financial Software Stock Performance

The stock has a market capitalization of £421.60 million, a PE ratio of 14.37, a PEG ratio of 4.19 and a beta of 0.08. The business’s 50 day moving average is GBX 187.12 and its 200 day moving average is GBX 210.84. The company has a current ratio of 1.60, a quick ratio of 1.37 and a debt-to-equity ratio of 17.99.

Alfa Financial Software (LON:ALFA) last posted its quarterly earnings data on Thursday, March 12th. The company reported GBX 10.19 earnings per share for the quarter. Alfa Financial Software had a net margin of 23.76% and a return on equity of 58.56%. On average, equities research analysts predict that Alfa Financial Software Holdings PLC will post 8.7583445 earnings per share for the current fiscal year.

Alfa Financial Software Company Profile

Alfa has been delivering leading-edge technology to the global asset finance and leasing industry since 1990. Our specialised expertise enables us to deliver the most challenging systems transformation projects successfully.

Alfa Systems, our class-leading SaaS platform, is at the heart of the world’s largest and most progressive asset finance operations. Supporting all types of automotive, equipment and wholesale finance, Alfa Systems is proven at volume and across borders, and trusted by leading brands to manage complex portfolios, drive efficiency and sustainability, and enhance the customer experience.

With full functionality for originations, servicing and collections, Alfa Systems is live in 37 countries, representing an integrated point solution, a rapid off-the-shelf implementation, or an end-to-end platform for the complex global enterprise.