SGS (SGSOY) Projected to Post Quarterly Earnings on Friday

SGS (OTCMKTS:SGSOY) is projected to announce its resultson Friday, July 24th. Analysts expect the company to announce earnings of $0.2172 per share and revenue of $4.5943 billion for the quarter.

SGS Trading Down 0.2%

OTCMKTS:SGSOY opened at $11.71 on Friday. The company has a debt-to-equity ratio of 3.52, a current ratio of 1.44 and a quick ratio of 1.32. The stock has a 50-day simple moving average of $11.28 and a two-hundred day simple moving average of $11.43. SGS has a 52-week low of $9.86 and a 52-week high of $12.76.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Royal Bank Of Canada upgraded SGS from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of SGS in a research note on Monday, April 27th. Kepler Capital Markets raised SGS to a “strong-buy” rating in a report on Monday, May 18th. Finally, Oddo Bhf upgraded SGS to an “outperform” rating in a research report on Tuesday, May 26th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, SGS currently has a consensus rating of “Moderate Buy”.

SGS Company Profile

SGS SA is a Switzerland-based multinational company that provides inspection, verification, testing and certification services. Established in the late 19th century, SGS has grown into a global provider of conformity assessment services that help businesses manage risk, ensure quality and meet regulatory requirements across product lifecycles and supply chains. The company’s services are designed to verify that products, systems and processes meet specified standards and customer expectations.

Core activities include laboratory testing, on-site inspections, certification of management systems and product conformity, supply chain audits and technical verification.