Stocks that Overperformed the FTSE 100 Today
In a notable development, shares of Senior and 888 Holdings outperformed the FTSE 100 today, with Senior's stock rising another 7% to 237 pence and 888 Holdings gaining another 2% to 151.5 pence.
Senior, the engineering firm, reported a strong performance for its full year, with a 14% increase in revenue to 729.8 million pounds and a 17% rise in adjusted pre-tax profit to 91.1 million pounds. The company was able to lift its full-year dividend by 22% to 4.65 pence per share, resulting in a dividend yield of 2%. These impressive figures have contributed to the increase in Senior's share price.
On the other hand, online gaming operator 888 Holdings reported a 7% rise in revenue for the fourth quarter and a 13% rise for the full year, totaling $376 million. The current expectations put the shares of 888 Holdings on a P/E of 19. The exact shareholder details for 888 Holdings as of March 13, 2013, or who followed the company’s results on that date, were not specified in the search results.
The FTSE 100 finished the day up 1% to 6,355 points, but these two companies managed to surpass this growth. It's worth noting that the U.K.'s 'AAA' credit rating was lost, which might have affected the overall market.
The Motley Fool, a well-respected financial advisory service, has previously highlighted Senior as The Motley Fool's Top Growth Share For 2013, a report resulting from the work of the Fool's top analysts. The report is available for free but for a limited period. The Motley Fool offers free trials for some of its Foolish newsletter services for 30 days.
It's important to note that the author of this article, Alan, does not own any shares mentioned in this article. The Motley Fool, LLC holds the rights to the copyright of the article from 1995 to 2013, and The Motley Fool has a disclosure policy.
In conclusion, while the overall market had a modest growth, shares of Senior and 888 Holdings showed significant gains today. Investors might want to consider these companies as potential investments, but it's always advisable to do thorough research and consider seeking advice from a financial advisor.
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