Headlines about Safeguard Scientifics (NYSE:SFE) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Safeguard Scientifics earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the asset manager an impact score of 45.6135080714513 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of equities analysts recently commented on the stock. Zacks Investment Research cut shares of Safeguard Scientifics from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. ValuEngine cut shares of Safeguard Scientifics from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Finally, Keefe, Bruyette & Woods restated a “mkt perform” rating and issued a $13.25 price objective on shares of Safeguard Scientifics in a research report on Wednesday, December 6th.
Safeguard Scientifics (NYSE:SFE) traded up $0.15 during mid-day trading on Friday, hitting $11.15. 64,727 shares of the company’s stock were exchanged, compared to its average volume of 120,016. Safeguard Scientifics has a 12-month low of $10.65 and a 12-month high of $14.40. The stock has a market capitalization of $224.54, a PE ratio of -2.48 and a beta of 1.30. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.03 and a quick ratio of 1.03.
Safeguard Scientifics (NYSE:SFE) last released its quarterly earnings data on Thursday, October 26th. The asset manager reported ($0.91) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.11) by $0.20. During the same quarter in the previous year, the firm posted ($1.18) earnings per share. research analysts expect that Safeguard Scientifics will post -4.47 EPS for the current fiscal year.
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Safeguard Scientifics Company Profile
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.
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