Spectris plc (LON:SXS - Get Free Report) insider Derek Harding bought 3,741 shares of the company's stock in a transaction on Friday, April 4th. The stock was purchased at an average cost of GBX 2,085 ($26.90) per share, for a total transaction of £77,999.85 ($100,619.00).
Derek Harding also recently made the following trade(s):
- On Wednesday, March 26th, Derek Harding sold 22,577 shares of Spectris stock. The shares were sold at an average price of GBX 2,420 ($31.22), for a total value of £546,363.40 ($704,803.15).
- On Friday, March 7th, Derek Harding acquired 6 shares of Spectris stock. The stock was purchased at an average price of GBX 2,667 ($34.40) per share, for a total transaction of £160.02 ($206.42).
Spectris Price Performance
Shares of Spectris stock opened at GBX 2,050 ($26.44) on Friday. Spectris plc has a twelve month low of GBX 2,010 ($25.93) and a twelve month high of GBX 3,430 ($44.25). The company has a debt-to-equity ratio of 4.37, a quick ratio of 1.03 and a current ratio of 2.36. The firm's 50-day simple moving average is GBX 2,718.21 and its 200-day simple moving average is GBX 2,624.74. The firm has a market cap of £2.04 billion, a P/E ratio of 7.59, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61.
Spectris (LON:SXS - Get Free Report) last announced its earnings results on Friday, February 28th. The company reported GBX 148.10 ($1.91) earnings per share (EPS) for the quarter. Spectris had a net margin of 20.44% and a return on equity of 20.13%. As a group, research analysts expect that Spectris plc will post 194.7972456 EPS for the current fiscal year.
Spectris Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, May 15th will be given a dividend of GBX 56.60 ($0.73) per share. The ex-dividend date of this dividend is Thursday, May 15th. This is a positive change from Spectris's previous dividend of $26.60. This represents a yield of 2.25%. Spectris's dividend payout ratio is 30.00%.
Analysts Set New Price Targets
Several research firms have commented on SXS. Shore Capital reissued a "buy" rating on shares of Spectris in a research report on Thursday, January 23rd. Berenberg Bank cut their price target on Spectris from GBX 3,180 ($41.02) to GBX 3,000 ($38.70) and set a "buy" rating for the company in a report on Monday, March 10th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Spectris presently has a consensus rating of "Buy" and a consensus price target of GBX 3,765 ($48.57).
Read Our Latest Stock Report on SXS
Spectris Company Profile
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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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