Smiths Group (LON:SMIN) Insider Buys 192 Shares of Stock

Smiths Group plc (LON:SMIN) insider Simon Pryce purchased 192 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The shares were acquired at an average price of GBX 2,709 per share, for a total transaction of £5,201.28.

Smiths Group Price Performance

SMIN stock traded up GBX 55 during midday trading on Monday, reaching GBX 2,753. 792,367 shares of the company’s stock traded hands, compared to its average volume of 9,510,297. The company has a 50-day simple moving average of GBX 2,666.53 and a two-hundred day simple moving average of GBX 2,571.74. Smiths Group plc has a 1-year low of GBX 2,088 and a 1-year high of GBX 2,885. The company has a market cap of £7.70 billion, a price-to-earnings ratio of 4.40, a PEG ratio of 0.35 and a beta of 0.74. The company has a quick ratio of 1.29, a current ratio of 2.77 and a debt-to-equity ratio of 46.28.

Smiths Group (LON:SMIN) last posted its quarterly earnings data on Tuesday, September 22nd. The company reported GBX 49.50 EPS for the quarter. Smiths Group had a return on equity of 92.97% and a net margin of 101.70%. On average, analysts anticipate that Smiths Group plc will post 85.13 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SMIN has been the topic of a number of research analyst reports. Berenberg Bank increased their price objective on shares of Smiths Group from GBX 3,000 to GBX 3,200 and gave the stock a “buy” rating in a report on Wednesday, September 23rd. JPMorgan Chase & Co. boosted their target price on shares of Smiths Group from GBX 2,810 to GBX 3,100 and gave the stock an “overweight” rating in a research note on Tuesday, July 28th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Smiths Group presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,910.

Smiths Group Company Profile

For 175 years, we have been pioneers of progress, engineering a better future. Our strategy is to be a focused, efficient and value creating industrial engineering company operating in the attractive and growing market segments of flow control, thermal solutions, construction and aerospace.

We focus on solving the toughest problems for our customers, helping address critical global needs such as decarbonisation and the ever-increasing demand for process and energy efficiency.

We are pioneers of progress.