News headlines about Safeguard Scientifics (NYSE:SFE) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news 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 daily sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the asset manager an impact score of 44.7862096712576 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of equities research analysts recently commented on the company. Zacks Investment Research downgraded Safeguard Scientifics from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. ValuEngine downgraded Safeguard Scientifics from a “hold” rating to a “sell” rating in a report on Tuesday, November 14th. Finally, Keefe, Bruyette & Woods reaffirmed a “mkt perform” rating and set a $13.25 target price on shares of Safeguard Scientifics in a report on Wednesday, December 6th.
Safeguard Scientifics (NYSE SFE) traded down $0.15 during trading on Thursday, hitting $10.85. The company had a trading volume of 117,400 shares, compared to its average volume of 110,291. 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 has a 12-month low of $10.65 and a 12-month high of $14.40. The firm has a market capitalization of $224.54, a P/E ratio of -2.42 and a beta of 1.30.
Safeguard Scientifics (NYSE:SFE) last announced its quarterly earnings results on Thursday, October 26th. The asset manager reported ($0.91) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($1.11) by $0.20. During the same period last year, the company earned ($1.18) earnings per share. 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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