SDI Group (LON:SDI) Releases 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 Price Performance

SDI Group stock opened at GBX 91.60 on Friday. The business’s 50-day simple moving average is GBX 86.68 and its 200 day simple moving average is GBX 80.81. 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 stock has a market cap of £95.79 million, a price-to-earnings ratio of 21.15 and a beta of 1.10. SDI Group has a 12-month low of GBX 60 and a 12-month high of GBX 105.

Analyst Ratings Changes

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 equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 145.

SDI Group Company Profile

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).