Judges Scientific (LON:JDG) Issues Earnings Results

Judges Scientific (LON:JDG) posted its quarterly earnings results on Tuesday. The company reported GBX 275.30 earnings per share for the quarter, Digital Look Earnings reports. Judges Scientific had a return on equity of 12.26% and a net margin of 7.69%.The business had revenue of £145.80 million during the quarter.

Judges Scientific Price Performance

Judges Scientific stock traded down GBX 50 during midday trading on Thursday, reaching GBX 4,250. 22,532 shares of the stock traded hands, compared to its average volume of 28,665. The stock has a market cap of £283.05 million, a P/E ratio of 26.07, a PEG ratio of 0.56 and a beta of 0.66. The stock’s fifty day moving average is GBX 4,580.05 and its 200-day moving average is GBX 5,322.52. The company has a quick ratio of 0.65, a current ratio of 2.48 and a debt-to-equity ratio of 74.92. Judges Scientific has a 12 month low of GBX 3,480 and a 12 month high of GBX 9,120.

Wall Street Analysts Forecast Growth

JDG has been the topic of several recent analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 5,600 target price on shares of Judges Scientific in a report on Tuesday. Shore Capital Group reaffirmed a “house stock” rating on shares of Judges Scientific in a research note on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Judges Scientific presently has an average rating of “Buy” and an average price target of GBX 6,490.

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 23 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. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen’s Awards for innovation and export.

The Group’s companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.

Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash.