Goldman Sachs Group reiterated their sell rating on shares of Spectris (LON:SXS) in a research report report published on Friday morning, ThisIsMoney.Co.Uk reports.
Other equities research analysts have also issued research reports about the company. Shore Capital reissued a hold rating on shares of Spectris in a report on Tuesday, January 15th. HSBC lifted their price objective on Spectris from GBX 2,250 ($29.40) to GBX 2,600 ($33.97) and gave the stock a hold rating in a report on Wednesday, February 20th. JPMorgan Chase & Co. reissued an overweight rating on shares of Spectris in a report on Thursday, February 7th. Deutsche Bank reissued a buy rating on shares of Spectris in a report on Friday, March 15th. Finally, Jefferies Financial Group reissued a buy rating and issued a GBX 3,195 ($41.75) price objective on shares of Spectris in a report on Tuesday, February 19th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of GBX 2,656.92 ($34.72).
Spectris stock opened at GBX 2,748 ($35.91) on Friday. Spectris has a 12-month low of GBX 1,924.50 ($25.15) and a 12-month high of GBX 2,957 ($38.64). The firm has a market cap of $3.18 billion and a P/E ratio of 17.51. The company has a current ratio of 1.60, a quick ratio of 1.03 and a debt-to-equity ratio of 30.03.
Spectris (LON:SXS) last announced its quarterly earnings data on Tuesday, February 19th. The company reported GBX 164.90 ($2.15) earnings per share for the quarter, topping the consensus estimate of GBX 155.20 ($2.03) by GBX 9.70 ($0.13). On average, equities analysts expect that Spectris will post 17117.9994541546 EPS for the current fiscal year.
The business also recently announced a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, May 23rd will be paid a GBX 40.50 ($0.53) dividend. The ex-dividend date is Thursday, May 23rd. This represents a yield of 1.55%. This is an increase from Spectris’s previous dividend of $20.50. Spectris’s dividend payout ratio (DPR) is currently 0.39%.
In related news, insider Derek Harding bought 4,000 shares of the business’s stock in a transaction on Friday, March 1st. The stock was acquired at an average price of GBX 2,658 ($34.73) per share, for a total transaction of £106,320 ($138,925.91). Also, insider Clive Watson sold 8,504 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of GBX 2,742 ($35.83), for a total value of £233,179.68 ($304,690.55).
Spectris plc manufactures and sells measuring instruments and controls worldwide. It operates through four segments: Materials Analysis, Test and Measurement, In-line Instrumentation, and Industrial Controls. The Materials Analysis segment provides products and services, which enable customers to determine structure, composition, quantity, and quality of particles and materials during their research and development processes, when assessing materials before production, or during the manufacturing process.
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