Société Générale Société anonyme (OTCMKTS:SCGLY) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Société Générale Société anonyme (OTCMKTS:SCGLY) released its quarterly earnings results on Thursday. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03, Zacks reports. Société Générale Société anonyme had a return on equity of 4.49% and a net margin of 14.96%.

Société Générale Société anonyme Stock Performance

Shares of SCGLY stock opened at $7.47 on Friday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.61. The stock has a 50 day simple moving average of $5.86 and a 200-day simple moving average of $5.36. The company has a market cap of $29.89 billion, a price-to-earnings ratio of 8.32, a price-to-earnings-growth ratio of 0.13 and a beta of 1.34. Société Générale Société anonyme has a 12-month low of $4.30 and a 12-month high of $7.52.

Analyst Ratings Changes

SCGLY has been the subject of a number of recent research reports. The Goldman Sachs Group raised Société Générale Société anonyme from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 11th. Barclays raised Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Finally, Citigroup raised shares of Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 1st. Four research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

About Société Générale Société anonyme

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.