Judges Scientific (LON:JDG) Earns House Stock Rating from Shore Capital

Shore Capital reissued their house stock rating on shares of Judges Scientific (LON:JDG) in a research note released on Wednesday morning, MarketBeat.com reports.

Separately, Berenberg Bank restated a “buy” rating and issued a £106 ($140.30) price target on shares of Judges Scientific in a research note on Wednesday, March 26th.

Judges Scientific Stock Performance

Shares of LON JDG opened at GBX 6,580 ($87.09) on Wednesday. The stock has a market cap of £431.99 million, a PE ratio of 28.93, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. Judges Scientific has a 1 year low of GBX 6,368.40 ($84.29) and a 1 year high of £122.50 ($162.14). The firm has a fifty day moving average price of GBX 7,464.77 and a 200-day moving average price of GBX 8,218.63. The company has a debt-to-equity ratio of 70.79, a current ratio of 1.97 and a quick ratio of 0.65.

Judges Scientific (LON:JDG) last posted its quarterly earnings results on Wednesday, March 19th. The company reported GBX 283.40 ($3.75) EPS for the quarter. Judges Scientific had a return on equity of 17.56% and a net margin of 10.99%. Equities analysts anticipate that Judges Scientific will post 402.5824271 earnings per share for the current fiscal year.

Judges Scientific Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 11th. Stockholders of record on Thursday, June 12th will be issued a GBX 74.80 ($0.99) dividend. This represents a dividend yield of 1.01%. This is a boost from Judges Scientific’s previous dividend of $29.70. The ex-dividend date is Thursday, June 12th. Judges Scientific’s payout ratio is 43.09%.

Insider Activity at Judges Scientific

In other Judges Scientific news, insider Tim Prestidge purchased 511 shares of the firm’s stock in a transaction that occurred on Thursday, April 3rd. The shares were bought at an average price of GBX 7,502 ($99.30) per share, with a total value of £38,335.22 ($50,741.52). 18.75% of the stock is owned by corporate insiders.

About Judges Scientific

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 22 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities.