SDI Group (LON:SDI) Issues Earnings Results

SDI Group (LON:SDI) announced its earnings results on Wednesday. The company reported GBX 4.70 earnings per share (EPS) for the quarter, Digital Look Earnings reports. SDI Group had a net margin of 6.62% and a return on equity of 9.07%.

SDI Group Stock Down 1.8%

Shares of SDI traded down GBX 1.72 during mid-day trading on Wednesday, hitting GBX 92.78. 263,658 shares of the company traded hands, compared to its average volume of 306,289. The company has a market capitalization of £97.02 million, a PE ratio of 21.43 and a beta of 1.10. SDI Group has a 1-year low of GBX 60 and a 1-year high of GBX 105. The company has a quick ratio of 0.79, a current ratio of 2.23 and a debt-to-equity ratio of 50.63. The business has a 50 day moving average of GBX 86.08 and a 200 day moving average of GBX 80.57.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 145 price target on shares of SDI Group in a research note on Wednesday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 145.

About SDI Group

SDI Group plc, is a buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial & scientific sensors and industrial & scientific products. The Group includes small to medium size companies with specialist industrial and scientific products in growth sector niches which help solve customers’ key challenges.

It specialises in the acquisition and development of companies that design and manufacture specialist products for use in lab equipment, industrial & scientific sensors and industrial & scientific products.

Its portfolio of businesses serves a broad spectrum of specialised markets, ranging from advanced industrial technologies (aerospace & defence, manufacturing, semiconductors and precision measurement) to scientific and medical applications (life sciences, healthcare, astronomy).