Judges Scientific (LON:JDG) Releases Quarterly Earnings Results

Judges Scientific (LON:JDG) announced its earnings results on Wednesday. The company reported GBX 283.40 ($3.67) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Judges Scientific had a net margin of 10.99% and a return on equity of 17.56%.

Judges Scientific Price Performance

Shares of LON:JDG traded up GBX 77.77 ($1.01) during midday trading on Friday, hitting GBX 7,477.77 ($96.96). The company’s stock had a trading volume of 17,775 shares, compared to its average volume of 20,016. The business’s 50 day simple moving average is GBX 7,487.57 and its 200 day simple moving average is GBX 8,655.26. The company has a debt-to-equity ratio of 70.79, a quick ratio of 0.65 and a current ratio of 1.97. The company has a market cap of £490.93 million, a P/E ratio of 32.88, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. Judges Scientific has a 12-month low of GBX 6,760 ($87.66) and a 12-month high of £122.50 ($158.84).

Judges Scientific Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 11th. Stockholders of record on Thursday, June 12th will be paid a GBX 74.80 ($0.97) dividend. This is an increase from Judges Scientific’s previous dividend of $29.70. This represents a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, June 12th. Judges Scientific’s dividend payout ratio (DPR) is currently 43.09%.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a research report on Wednesday.

Judges Scientific Company Profile

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.