Safeguard Scientifics (NYSE: SFE) recently received a number of ratings updates from brokerages and research firms:

  • 8/7/2017 – Safeguard Scientifics was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 8/2/2017 – Safeguard Scientifics was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Safeguard Scientifics, Inc. is a diversified information technology company that develops, operates and manages emerging growth information technology companies. The company is currently focusing on emerging opportunities in eCommerce, enterprise applications, and network infrastructure, all of which are expected to benefit from the growing use of the Internet as a fundamental business tool. The company works closely with our partnership companies to provide numerous operational and management services to build value in preparation for public rights offerings and beyond. “
  • 7/25/2017 – Safeguard Scientifics was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/18/2017 – Safeguard Scientifics was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “Safeguard Scientifics, Inc. is a diversified information technology company that develops, operates and manages emerging growth information technology companies. The company is currently focusing on emerging opportunities in eCommerce, enterprise applications, and network infrastructure, all of which are expected to benefit from the growing use of the Internet as a fundamental business tool. The company works closely with our partnership companies to provide numerous operational and management services to build value in preparation for public rights offerings and beyond. “
  • 7/13/2017 – Safeguard Scientifics was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/4/2017 – Safeguard Scientifics was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Safeguard Scientifics, Inc. is a diversified information technology company that develops, operates and manages emerging growth information technology companies. The company is currently focusing on emerging opportunities in eCommerce, enterprise applications, and network infrastructure, all of which are expected to benefit from the growing use of the Internet as a fundamental business tool. The company works closely with our partnership companies to provide numerous operational and management services to build value in preparation for public rights offerings and beyond. “
  • 6/24/2017 – Safeguard Scientifics was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Safeguard Scientifics, Inc. is a diversified information technology company that develops, operates and manages emerging growth information technology companies. The company is currently focusing on emerging opportunities in eCommerce, enterprise applications, and network infrastructure, all of which are expected to benefit from the growing use of the Internet as a fundamental business tool. The company works closely with our partnership companies to provide numerous operational and management services to build value in preparation for public rights offerings and beyond. “

Shares of Safeguard Scientifics, Inc. (NYSE SFE) traded up 0.84% during midday trading on Tuesday, reaching $12.00. 37,338 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $11.95 and a 200 day moving average price of $12.10. Safeguard Scientifics, Inc. has a 12 month low of $10.60 and a 12 month high of $14.38. The firm’s market cap is $244.96 million.

Safeguard Scientifics (NYSE:SFE) last released its earnings results on Thursday, July 27th. The asset manager reported ($1.43) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($1.11) by $0.32. During the same quarter in the previous year, the company earned $1.92 EPS. Equities research analysts predict that Safeguard Scientifics, Inc. will post ($3.49) earnings per share for the current year.

Safeguard Scientifics, Inc is engaged in providing capital to technology companies within the fields of healthcare, financial services and digital media. The Company holds interest in companies, which it refers to as partner companies. As of December 31, 2016, the Company held interests in 29 non-consolidated partner companies.

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