Spectris (LON:SXS - Get Free Report) released its earnings results on Friday. The company reported GBX 148.10 ($1.89) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Spectris had a return on equity of 20.13% and a net margin of 20.44%.
Spectris Stock Performance
LON SXS traded up GBX 42 ($0.54) during trading on Tuesday, reaching GBX 2,680 ($34.28). 478,563 shares of the company's stock were exchanged, compared to its average volume of 453,197. Spectris has a fifty-two week low of GBX 2,370 ($30.32) and a fifty-two week high of GBX 3,430 ($43.88). The business has a 50 day moving average price of GBX 2,785.28 and a 200-day moving average price of GBX 2,694.03. 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 market capitalization of £2.67 billion, a P/E ratio of 9.93, a PEG ratio of 2.74 and a beta of 0.61.
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a "buy" rating on shares of Spectris in a research note on Thursday, January 23rd. One research analyst has rated the stock with a sell rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of GBX 4,707.50 ($60.22).
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About 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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