Spectris plc (LON:SXS) Insider Purchases £77,999.85 in Stock

Spectris plc (LON:SXS - Get Free Report) insider Derek Harding purchased 3,741 shares of the stock in a transaction dated Friday, April 4th. The stock was purchased at an average cost of GBX 2,085 ($26.64) per share, for a total transaction of £77,999.85 ($99,667.58).

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 ($30.92), for a total value of £546,363.40 ($698,138.77).
• On Friday, March 7th, Derek Harding bought 6 shares of Spectris stock. The stock was acquired at an average price of GBX 2,667 ($34.08) per share, with a total value of £160.02 ($204.47).

Spectris Trading Down 4.1 %

SXS traded down GBX 81 ($1.04) on Wednesday, hitting GBX 1,909 ($24.39). The company had a trading volume of 554,316 shares, compared to its average volume of 1,610,058. Spectris plc has a 1 year low of GBX 1,877 ($23.98) and a 1 year high of GBX 3,430 ($43.83). The firm has a market cap of £1.90 billion, a P/E ratio of 7.07, a PEG ratio of 2.74 and a beta of 0.61. The company's fifty day moving average price is GBX 2,661.44 and its 200 day moving average price is GBX 2,606.80. The company has a current ratio of 2.36, a quick ratio of 1.03 and a debt-to-equity ratio of 4.37.

Spectris (LON:SXS - Get Free Report) last released its quarterly earnings results on Friday, February 28th. The company reported GBX 148.10 ($1.89) EPS for the quarter. Spectris had a return on equity of 20.13% and a net margin of 20.44%. As a group, equities analysts expect that Spectris plc will post 194.7972456 earnings per share for the current year.

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Spectris Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, May 15th will be paid a GBX 56.60 ($0.72) dividend. This is a positive change from Spectris's previous dividend of $26.60. The ex-dividend date of this dividend is Thursday, May 15th. This represents a dividend yield of 2.25%. Spectris's dividend payout ratio (DPR) is presently 30.00%.

Analyst Ratings Changes

Several analysts recently issued reports on SXS shares. Shore Capital reaffirmed a "buy" rating on shares of Spectris in a research note on Thursday, January 23rd. Berenberg Bank reduced their price objective on Spectris from GBX 3,180 ($40.63) to GBX 3,000 ($38.33) and set a "buy" rating on the stock in a research report on Monday, March 10th. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Spectris presently has a consensus rating of "Buy" and a consensus price target of GBX 3,765 ($48.11).

Spectris Company Profile

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.