Spectris plc (LON:SXS - Get Free Report) insider Andrew Heath sold 8,848 shares of Spectris stock in a transaction on Tuesday, March 18th. The shares were sold at an average price of GBX 2,532 ($32.94), for a total value of £224,031.36 ($291,441.86).
Andrew Heath also recently made the following trade(s):
- On Friday, February 7th, Andrew Heath purchased 5 shares of Spectris stock. The stock was acquired at an average cost of GBX 3,012 ($39.18) per share, for a total transaction of £150.60 ($195.92).
- On Wednesday, January 8th, Andrew Heath acquired 6 shares of Spectris stock. The shares were acquired at an average cost of GBX 2,512 ($32.68) per share, with a total value of £150.72 ($196.07).
Spectris Stock Up 0.1 %
Shares of SXS opened at GBX 2,518 ($32.76) on Thursday. Spectris plc has a 1 year low of GBX 2,370 ($30.83) and a 1 year high of GBX 3,430 ($44.62). The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03. The stock has a 50 day simple moving average of GBX 2,799.94 and a two-hundred day simple moving average of GBX 2,664.23. The firm has a market cap of £2.51 billion, a P/E ratio of 9.33, a P/E/G ratio of 2.74 and a beta of 0.61.
Spectris (LON:SXS - Get Free Report) last announced its quarterly earnings data on Friday, February 28th. The company reported GBX 148.10 ($1.93) earnings per share for the quarter. Spectris had a net margin of 20.44% and a return on equity of 20.13%. On average, analysts forecast that Spectris plc will post 194.7972456 earnings per share for the current fiscal year.
Spectris Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 15th will be given a dividend of GBX 56.60 ($0.74) per share. This represents a yield of 2.25%. This is a positive change from Spectris's previous dividend of $26.60. The ex-dividend date of this dividend is Thursday, May 15th. Spectris's dividend payout ratio is presently 30.00%.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on SXS. Shore Capital reiterated a "buy" rating on shares of Spectris in a research report on Thursday, January 23rd. Berenberg Bank lowered their price objective on shares of Spectris from GBX 3,180 ($41.37) to GBX 3,000 ($39.03) and set a "buy" rating on the stock in a research report on Monday, March 10th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Spectris has a consensus rating of "Buy" and an average target price of GBX 3,765 ($48.98).
Read Our Latest Research Report on Spectris
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The experts in providing insight through precision measurement.
Our purpose is to deliver value beyond measure – going beyond just the measurement.
Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software.
Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently.
This equips them with the ability to reduce time to market, improve processes, quality and yield.
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