![]() ![]() The PE ratio is a simple way to assess whether a stock is. Track Stem Inc (STEM) Stock Price, Quote, latest community messages, chart, news and other stock related information. ![]() Posted at 18:16 by tole or.co.uk/equities/sm all-cap-catch-up-iod ine-and-global-speci alist-vacancies/SThr ee (LON:STEM) Contract Growth Showing Through StronglyThis group provides specialist contract and permanent staffing services for the technology, engineering, life sciences, banking and finance, and other sectors.With operations across the globe, its diverse base of over 8,200 clients spans across 14 countries.It is the only global specialist talent partner focused on roles in Science, Technology, Engineering and Mathematics, hence its market code of STEM.At the end of this month the £525m capitalised group will be declaring its results for the year to the end of November 2022.Broker Liberum Capital analyst Sanjay Vidyarthi currently has a Buy rating out on the group's shares, with a price objective of 725p a share.His estimates for 2022 show an increase in net fee income to £431m (£356m), profits before tax of £76.5m (£60.0m), earnings of 40.2p (30.8p) and a dividend of 16.1p (11.0p) per share.Liberum goes for £81.2m profits this year, then £91.1m next year, worth 41.9p then 46.1p per share in earnings.On such estimates it is, perhaps understandable why Vidyarthi has such a high price aim, but is it realistic enough in such times?We shall get a more interesting update on the group's affairs come 30 January.As at the end of November last year it had a £65m net cash balance, which shows its strength.In the meantime, its shares are trading at around 386p, off 30p yesterday.At that level they look ready for buying ahead of the finals. 33,229.87 -490.62(-1. Stock Price Adjustment Guide for more information on our historical prices. The latest Stem stock prices, stock quotes, news, and STEM history to help you invest and trade smarter.
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