Safeguard Scientifics (SFE) Announces Quarterly Results
Safeguard Scientifics (NYSE:SFE) posted its quarterly earnings results on Thursday. The company reported $1.44 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.33 by $0.11, Analyst Ratings Network.com reports. During the same quarter in the prior year, the company posted ($0.57) earnings per share.
Several analysts have recently commented on the stock. Analysts at Edison Group reiterated a “positive” rating on shares of Safeguard Scientifics in a research note on Wednesday, April 2nd. Analysts at Zacks upgraded shares of Safeguard Scientifics from a “neutral” rating to an “outperform” rating in a research note on Friday, March 7th. They now have a $22.10 price target on the stock.
Safeguard Scientifics (NYSE:SFE) remained flat at $21.20 during trading on Thursday. 27,941 shares of the company’s stock traded hands. Safeguard Scientifics has a 1-year low of $14.14 and a 1-year high of $22.43. The stock has a 50-day moving average of $20.8 and a 200-day moving average of $19.. The company’s market cap is $457.0 million.
Safeguard Scientifics, Inc provides growth capital for entrepreneurial and innovative life sciences and technology companies.
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