Smiths Group (LON:SMIN) Releases Earnings Results

Smiths Group (LON:SMIN) released its quarterly earnings data on Tuesday. The company reported GBX 55.50 ($0.71) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Smiths Group had a net margin of 7.98% and a return on equity of 11.54%.

Smiths Group Stock Down 1.2 %

Smiths Group stock traded down GBX 23.73 ($0.31) during mid-day trading on Thursday, hitting GBX 1,950.27 ($25.11). The company had a trading volume of 786,455 shares, compared to its average volume of 5,411,522. The company has a quick ratio of 1.29, a current ratio of 2.07 and a debt-to-equity ratio of 29.55. Smiths Group has a 1 year low of GBX 1,514.66 ($19.50) and a 1 year high of GBX 2,188 ($28.17). The business has a fifty day moving average of GBX 1,990.33 and a 200 day moving average of GBX 1,803.85. The stock has a market cap of £6.64 billion, a price-to-earnings ratio of 27.10, a PEG ratio of 0.35 and a beta of 0.66.

Smiths Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 10th will be paid a dividend of GBX 36 ($0.46) per share. This is a boost from Smiths Group’s previous dividend of $30.20. The ex-dividend date of this dividend is Thursday, April 10th. This represents a yield of 0.71%. Smiths Group’s payout ratio is presently 61.13%.

Insider Activity at Smiths Group

In other Smiths Group news, insider Richard Howes acquired 87 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were bought at an average cost of GBX 2,030 ($26.14) per share, for a total transaction of £1,766.10 ($2,273.85). 0.61% of the stock is owned by corporate insiders.

About Smiths Group

Smiths Group plc operates as an industrial technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.