Filtronic (LON:FTC – Get Free Report)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a report released on Friday, Digital Look reports. They presently have a GBX 440 price target on the stock. Berenberg Bank‘s price target suggests a potential upside of 100.00% from the company’s current price.
Filtronic Price Performance
FTC opened at GBX 220 on Friday. The company has a debt-to-equity ratio of 13.80, a quick ratio of 2.13 and a current ratio of 1.89. The stock has a market capitalization of £483.87 million, a PE ratio of 123.60 and a beta of 1.02. The stock’s 50 day moving average price is GBX 251.75 and its 200-day moving average price is GBX 254.89. Filtronic has a 52-week low of GBX 125 and a 52-week high of GBX 480.
Filtronic (LON:FTC – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported GBX 2.07 EPS for the quarter. Filtronic had a return on equity of 11.47% and a net margin of 8.21%. On average, equities research analysts predict that Filtronic will post 3.07 EPS for the current year.
Insider Activity at Filtronic
In other news, insider Nat Edington sold 2,100,000 shares of the firm’s stock in a transaction dated Thursday, October 22nd. The shares were sold at an average price of GBX 250, for a total value of £5,250,000. Corporate insiders own 3.03% of the company’s stock.
Filtronic Company Profile
For leading global telecommunications, space, aerospace, and defence organisations, Filtronic provides the design and manufacturing of complex high-frequency, communication solutions. In today’s data-driven world, Filtronic excels in transmitting vast amounts of analog data quickly and accurately over long distances. Our advanced solutions enhance connectivity, optimise bandwidth, and minimise latency. As pioneers in high-frequency mmWave technology, we tackle the toughest challenges in the market, which is why global tech leaders choose Filtronic for unmatched expertise and innovative solutions.
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