Berenberg stays upbeat on SThree despite profit warning
12th Dec 2024 09:32
(Sharecast News) - Berenberg has slashed its target price for SThree by a quarter after a profit warning from the STEM-focused recruitment group on Thursday, but said it still sees long-term upside for the stock.
Read moreShares plunge as SThree warns on profits
12th Dec 2024 08:47
(Sharecast News) - Shares in SThree plunged on Thursday, after the recruiter posted a slide in net fees and warned that the ongoing challenging market conditions would hit profits.
Read moreSThree maintains expectations amid tough market conditions
24th Sep 2024 08:21
(Sharecast News) - STEM recruitment specialist SThree reported an 8% year-on-year decrease in net fees in a third-quarter update on Tuesday, primarily driven by an 8% decline in contract-related revenues, which now constituted 84% of total net fees.
Read moreBerenberg lowers target price on SThree following H1 earnings
23rd Jul 2024 09:25
(Sharecast News) - Analysts at Berenberg lowered their target price on specialist staffing organisation SThree from 550.0p to 520.0p on Tuesday but said the group's contract focus offered resilience versus peers.
Read moreSThree sees half-year revenues fall, leaves guidance unchanged
23rd Jul 2024 07:34
(Sharecast News) - Specialist recruiter SThree left its full-year guidance unchanged on Tuesday, despite posting a slide in interim revenues.
Read moreLondon close: Stocks slip as investors digest Powell's comments
9th Jul 2024 15:24
(Sharecast News) - London stocks ended in negative territory on Tuesday, driven by concerns over a decline in retail sales and the impact of comments from US Federal Reserve chair Jerome Powell.
Read moreSThree sees 7% decline in first-half net fees
18th Jun 2024 07:59
(Sharecast News) - STEM-specialist recruitment firm SThree said it expects to hit market forecasts this year despite a drop in net fees in the first half.
Read moreLondon close: Stocks manage gains as BoE holds rates
9th May 2024 15:21
(Sharecast News) - London markets closed on a positive note on Thursday, bolstered by the Bank of England's decision to maintain interest rates, in line with market expectations.
Read moreDirector dealings: Sthree CEO offloads shares
19th Mar 2024 15:23
(Sharecast News) - Sthree revealed on Tuesday that chief executive Timo Lehne had disposed of 31,017 ordinary shares in the FTSE 250-listed staffing business.
Read moreSThree net fees fall amid global slowdown
19th Mar 2024 08:26
(Sharecast News) - Specialist science, technology, engineering and mathematics (STEM) recruiter SThree reported a 6% year-on-year decrease in net fees for the first quarter on Tuesday, attributed to a highly successful prior year and continued challenging market conditions.
Read moreBerenberg starts recruiter SThree at 'buy'
6th Feb 2024 11:34
(Sharecast News) - Berenberg initiated coverage of recruiter SThree on Tuesday with a 'buy' rating and 550p price target, which offers around 30% upside.
Read moreSThree reports fall in net fees after mixed year
30th Jan 2024 10:08
(Sharecast News) - Science, technology, engineering and mathematics (STEM) specialist recruiter SThree reported revenue of £1.663bn in its final results on Tuesday, marking a 1% increase.
Read moreLondon close: Stocks finish red after choppy session
9th Jan 2024 16:22
(Sharecast News) - London stocks had turned back into the red by the close on Tuesday, with recruitment firms and asset managers pacing the declines after some disappointing corporate updates.
Read moreSThree sees continued "soft" conditions as full-year net fees fall
14th Dec 2023 07:54
(Sharecast News) - STEM-focused recruitment firm SThree said it expects a continuation of "soft" trading conditions in the new financial year after a 4% drop in group net fees in the 12 months to 30 November.
Read moreSThree on track despite ongoing sales weakness
19th Sep 2023 08:06
(Sharecast News) - STEM-focused recruitment firm SThree said it remains on track for the full year but reported a continued decline in net fees in its third quarter as the placing of permanent jobs continued to decline.
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