Speedy Hire (LON:SDY) Announces Earnings Results

Speedy Hire (LON:SDY) issued its earnings results on Tuesday. The company reported GBX 5.54 ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of GBX 5.40 ($0.07) by GBX 0.14 ($0.00), Digital Look Earnings reports.

Shares of Speedy Hire stock opened at GBX 59.80 ($0.76) on Thursday. Speedy Hire has a one year low of GBX 34.60 ($0.44) and a one year high of GBX 88 ($1.12). The company has a debt-to-equity ratio of 79.16, a current ratio of 1.03 and a quick ratio of 0.95. The stock’s 50-day moving average is GBX 56.32 and its 200 day moving average is GBX 65.47. The firm has a market cap of $320.31 million and a price-to-earnings ratio of 12.72.

Several equities research analysts have recently weighed in on SDY shares. Peel Hunt increased their price target on Speedy Hire from GBX 60 ($0.76) to GBX 65 ($0.83) and gave the company a “buy” rating in a research note on Tuesday. Liberum Capital reissued a “buy” rating on shares of Speedy Hire in a research note on Tuesday.

About Speedy Hire

Speedy Hire Plc, together with its subsidiaries, provides tools, equipment, and plant hire services to the construction, infrastructure, and industrial markets in the United Kingdom, Ireland, the United Arab Emirates, and internationally. The company hires a range of tools and accessories, including access, lighting, survey, lifting, rail, safety equipment and ATEX, plant, site and traffic management, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment.

Featured Article: Understanding the Price to Earnings Ratio (PE)

Receive News & Ratings for Speedy Hire Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Speedy Hire and related companies with MarketBeat.com's FREE daily email newsletter.