Spectris plc (LON:SXS) Insider Derek Harding Purchases 6 Shares of Stock

Spectris plc (LON:SXS) insider Derek Harding bought 6 shares of the business’s stock in a transaction dated Friday, March 7th. The shares were purchased at an average cost of GBX 2,667 ($34.34) per share, with a total value of £160.02 ($206.03).

Spectris Stock Down 3.4 %

Spectris stock opened at GBX 2,514 ($32.37) on Tuesday. Spectris plc has a 12 month low of GBX 2,370 ($30.51) and a 12 month high of GBX 3,430 ($44.16). The stock has a market capitalization of £2.50 billion, a PE ratio of 9.31, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61. 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 business has a 50 day simple moving average of GBX 2,797.89 and a 200-day simple moving average of GBX 2,684.74.

Spectris (LON:SXS) 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 anticipate that Spectris plc will post 194.7972456 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of Spectris in a research report on Thursday, January 23rd. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Spectris presently has an average rating of “Buy” and a consensus price target of GBX 3,949 ($50.84).

About Spectris

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.