|Bid||2.3910 x 0|
|Ask||2.3840 x 0|
|Day's Range||2.3740 - 2.5870|
|52 Week Range||1.7735 - 5.0540|
|Beta (5Y Monthly)||2.30|
|PE Ratio (TTM)||197.83|
|Earnings Date||Apr 23, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 20, 2013|
|1y Target Est||5.47|
Moody's Investors Service, ("Moody's") has today changed the outlook on Saipem S.p.A. (Saipem) to negative from stable. Concurrently, Moody's has affirmed all Saipem's ratings as well as all the ratings of its subsidiary Saipem Finance International B.V. Today's change of the outlook to negative has been driven by a significant deterioration of operating environment in the oil and gas industry, which Moody's believes will have a negative impact on Saipem's performance in the next 12-18 months.
Generally speaking long term investing is the way to go. But unfortunately, some companies simply don't succeed. To...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Saipem S.p.A. Frankfurt am Main, September 26, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Saipem S.p.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Over the first quarter of 2019, our International Portfolio posted a positive return of +10.8% versus the 12.8% profi-tability posted by its benchmark index, the MSCI Europe Net Total Return index. Since the fund Cobas Internacio-nal FI began investing in equities in mid-March 2017, it has obtained a return of -19.7%, while its benchmark index has obtained a return of +7.4% for the same period. Obviously, this result is not acceptable, but we will gra-dually recover thanks to the upside potential and the confidence we have in that potential.
Does the April share price for Saipem S.p.A. (BIT:SPM) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by estimating the company's future cash flows and discounting them to their present value...