Judges Scientific (LON:JDG) Posts Earnings Results

Judges Scientific (LON:JDG) issued its quarterly earnings results on Tuesday. The company reported GBX 275.30 EPS 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 company had revenue of £145.80 million for the quarter.

Judges Scientific Price Performance

JDG traded down GBX 50 during trading on Thursday, hitting GBX 4,250. The company’s stock had a trading volume of 22,532 shares, compared to its average volume of 28,665. The firm’s 50 day moving average price is GBX 4,580.05 and its two-hundred day moving average price 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. The stock has a market capitalization of £283.05 million, a price-to-earnings ratio of 26.07, a price-to-earnings-growth ratio of 0.56 and a beta of 0.66.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on JDG shares. Berenberg Bank restated a “buy” rating and set a GBX 5,600 price objective on shares of Judges Scientific in a report on Tuesday. Shore Capital Group reiterated a “house stock” rating on shares of Judges Scientific in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus 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.