SigmaRoc (LON:SRC) Announces Earnings Results

SigmaRoc (LON:SRC) posted its earnings results on Monday. The company reported GBX 10.51 earnings per share (EPS) for the quarter, Digital Look Earnings reports. SigmaRoc had a net margin of 7.68% and a return on equity of 10.11%.

SigmaRoc Stock Up 0.9%

LON SRC opened at GBX 118 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.17 and a debt-to-equity ratio of 76.48. SigmaRoc has a fifty-two week low of GBX 79.20 and a fifty-two week high of GBX 152.80. The business has a 50 day moving average price of GBX 138.68 and a two-hundred day moving average price of GBX 125.86. The stock has a market cap of £1.31 billion, a PE ratio of 30.97 and a beta of 1.17.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Panmure Gordon increased their price objective on shares of SigmaRoc from GBX 198 to GBX 216 and gave the stock a “buy” rating in a research report on Monday, January 19th. Berenberg Bank lifted their target price on shares of SigmaRoc from GBX 120 to GBX 130 and gave the company a “hold” rating in a report on Monday, January 19th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 162.

SigmaRoc Company Profile

SigmaRoc is an AIM-quoted lime and limestone group targeting quarried materials assets in the UK and Northern Europe. It seeks to create value by purchasing assets in fragmented materials markets and extracting efficiencies through active management and by forming the assets into larger groups. It seeks to de-risk its investments through the selection of projects with strong asset-backing.