M&C Saatchi (LON:SAA) Posts Earnings Results

M&C Saatchi (LON:SAA) issued its quarterly earnings data on Wednesday. The company reported GBX (3.52) EPS for the quarter, Digital Look Earnings reports. M&C Saatchi had a negative return on equity of 32.44% and a negative net margin of 3.00%.

M&C Saatchi Trading Down 1.5%

Shares of M&C Saatchi stock traded down GBX 1.90 during trading on Friday, reaching GBX 125.10. The company’s stock had a trading volume of 221,078 shares, compared to its average volume of 211,664. The company has a quick ratio of 0.93, a current ratio of 1.12 and a debt-to-equity ratio of 185.24. M&C Saatchi has a 52-week low of GBX 100.50 and a 52-week high of GBX 152. The firm’s 50-day moving average is GBX 141.64 and its two-hundred day moving average is GBX 134.83. The company has a market cap of £148.84 million, a price-to-earnings ratio of -67.62 and a beta of 0.55.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank cut their price objective on shares of M&C Saatchi from GBX 195 to GBX 175 and set a “buy” rating for the company in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, M&C Saatchi has an average rating of “Moderate Buy” and a consensus target price of GBX 163.50.

M&C Saatchi Company Profile

We are a global marketing services business working across a wide variety of industry sectors with a strategy focused on winning new business and starting new businesses.