Spectris plc (LON:SXS - Get Free Report) insider Derek Harding sold 22,577 shares of the company's stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of GBX 2,420 ($31.29), for a total transaction of £546,363.40 ($706,443.50).
Derek Harding also recently made the following trade(s):
- On Friday, March 7th, Derek Harding purchased 6 shares of Spectris stock. The shares were acquired at an average cost of GBX 2,667 ($34.48) per share, for a total transaction of £160.02 ($206.90).
Spectris Price Performance
Shares of SXS traded down GBX 66 ($0.85) during midday trading on Monday, reaching GBX 2,318 ($29.97). The stock had a trading volume of 282,023 shares, compared to its average volume of 1,184,702. 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 company has a market capitalization of £2.31 billion, a P/E ratio of 8.59, a P/E/G ratio of 2.74 and a beta of 0.61. The firm's 50 day moving average price is GBX 2,775.03 and its 200-day moving average price is GBX 2,643.50. Spectris plc has a 52 week low of GBX 2,318 ($29.97) and a 52 week high of GBX 3,430 ($44.35).
Spectris (LON:SXS - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The company reported GBX 148.10 ($1.91) EPS 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 announced a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, May 15th will be issued a dividend of GBX 56.60 ($0.73) per share. This represents a yield of 2.25%. This is a boost from Spectris's previous dividend of $26.60. The ex-dividend date is Thursday, May 15th. Spectris's dividend payout ratio (DPR) is presently 30.00%.
Wall Street Analyst Weigh In
Several analysts recently commented on SXS shares. Shore Capital restated a "buy" rating on shares of Spectris in a research report on Thursday, January 23rd. Berenberg Bank cut their price objective on shares of Spectris from GBX 3,180 ($41.12) to GBX 3,000 ($38.79) and set a "buy" rating on the stock in a research note on Monday, March 10th. Six analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and an average price target of GBX 3,765 ($48.68).
Read Our Latest Research Report on SXS
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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