12.05 +0.01 (0.08%)
Pre-Market: 9:27AM EDT
|Bid||12.04 x 900|
|Ask||12.40 x 800|
|Day's Range||11.99 - 12.13|
|52 Week Range||7.98 - 12.91|
|Beta (3Y Monthly)||0.57|
|PE Ratio (TTM)||20.39|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Safeguard Scientifics, Inc. (SFE) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
The Zacks Analyst Blog Highlights: Oasis Midstream, Safeguard Scientifics, Fly Leasing, Limbach and StealthGas
Safeguard Scientifics (SFE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Mastercard's recently completed acquisition of an online bill payment company brought in $57 million for Radnor-based Safeguard Scientifics, the investment firm announced Friday. The deal, which represents a 3.4-times cash-on-cash return, comes as Safeguard's in the process of winding down operations and monetizing its investments across what's now 18 remaining portfolio companies. Including the Transactics deal, Safeguard's now realized in $180 million in cash from portfolio company transactions since announcing a new strategy in January 2018 that included slashing its staff, halting investments in new portfolio companies and monetizing current stakes to return cash to shareholders.
On a per-share basis, the Radnor, Pennsylvania-based company said it had profit of $1.05. Safeguard Scientifics shares have risen 32% since the beginning of the year. The stock has declined 15% in the ...
It's been a year since Safeguard avoided a proxy fight by working with frustrated investors in the wake of its winding down of operations.
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Safeguard Scientifics (NYSE: SFE) will receive $41.4 million after portfolio company Propeller Health announced Monday it has agreed to be acquired by digital health firm ResMed (NYSE: RMD) for $225 million in cash. The Radnor-based investment firm, which is currently winding down operations, owns 20 percent of Propeller after investing $14.3 million in 2014. The Propeller product will add to San Diego-based ResMed’s current offerings of “smart” respiratory devices, which are connected to cloud-based servers to allow for remote monitoring, tracking and analysis.
The Radnor, Pennsylvania-based company said it had profit of $1.56 per share. Safeguard Scientifics shares have dropped 26 percent since the beginning of the year. The stock has fallen 38 percent in the ...
In 1994, the University City Science Center’s then-president offered a few desks to a handful of entrepreneurs trying to get a tiny digital marketing startup off the ground. Former Safeguard Scientifics CEO Steve Zarrilli — who was the fifth employee of the startup, U.S. Interactive, before it eventually grew to employ more than 800 in the dotcom boom — started his new role at the West Philadelphia institution on Monday. Zarrilli, a Science Center board member since 2014, said he's been getting to know the staff and preparing for the position in recent weeks as he readied to move into the Science Center’s new 3675 Market St. building, a 14-story, 345,000 square-foot headquarters that also represents its changing priorities.