Signify (OTCMKTS:SFFYF – Get Free Report) is anticipated to issue its resultson Friday, July 24th. Analysts expect Signify to post earnings of $0.3642 per share and revenue of $1.5275 billion for the quarter.
Signify Price Performance
Shares of SFFYF opened at $19.10 on Friday. The firm has a 50-day moving average of $21.91 and a 200-day moving average of $22.39. Signify has a one year low of $19.10 and a one year high of $26.75.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group cut shares of Signify to a “neutral” rating in a report on Thursday, June 11th. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Signify has a consensus rating of “Sell”.
About Signify
Signify N.V. (OTCMKTS: SFFYF) is a global leader in lighting products, systems and services. Established as a standalone company following its spin-off from Koninklijke Philips N.V. in 2016, Signify leverages decades of expertise in illumination technology. The company’s offerings span conventional and energy-efficient LED lamps, luminaires and connected lighting systems designed for both professional and consumer markets.
Signify’s product portfolio includes smart lighting solutions under the Philips Hue brand, digital lighting controls, and Internet of Things (IoT) enabled platforms such as Interact.
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