Key Points
- Insider purchase: discoverIE director Bruce Thompson bought 15,000 shares on Dec. 10 at GBX 605 per share, a transaction worth £90,750.
- Analyst sentiment: Five analysts rate the stock a "Buy" with a consensus price target of GBX 830, and notable targets include JPMorgan GBX 1,000 and Berenberg GBX 950.
- Stock and financials: DSCV opened at GBX 587 (1‑yr range GBX 472.50–754), has a market cap of £564.23m and a P/E of 22.32; the company reported quarterly EPS of GBX 19.50 and analysts forecast ~37.5 EPS for the year.
discoverIE Group plc (LON:DSCV - Get Free Report) insider Bruce Thompson bought 15,000 shares of discoverIE Group stock in a transaction dated Wednesday, December 10th. The stock was purchased at an average price of GBX 605 per share, with a total value of £90,750.
discoverIE Group Stock Performance
Shares of DSCV stock opened at GBX 587 on Friday. discoverIE Group plc has a one year low of GBX 472.50 and a one year high of GBX 754. The company has a market cap of £564.23 million, a P/E ratio of 22.32 and a beta of 1.09. The firm has a 50-day moving average of GBX 585.82 and a 200-day moving average of GBX 628.71. The company has a debt-to-equity ratio of 77.88, a current ratio of 1.55 and a quick ratio of 0.96.
discoverIE Group (LON:DSCV - Get Free Report) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported GBX 19.50 earnings per share (EPS) for the quarter. discoverIE Group had a net margin of 3.55% and a return on equity of 5.10%. Equities research analysts forecast that discoverIE Group plc will post 37.5 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of analysts recently commented on DSCV shares. Berenberg Bank reaffirmed a "buy" rating and set a GBX 950 price target on shares of discoverIE Group in a research report on Friday, December 5th. Shore Capital restated a "buy" rating and issued a GBX 750 price objective on shares of discoverIE Group in a research note on Tuesday, December 2nd. JPMorgan Chase & Co. reaffirmed a "buy" rating and set a GBX 1,000 target price on shares of discoverIE Group in a research report on Wednesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft raised shares of discoverIE Group to a "buy" rating and boosted their price target for the stock from GBX 735 to GBX 850 in a report on Monday, December 1st. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, discoverIE Group has an average rating of "Buy" and a consensus price target of GBX 830.
Get Our Latest Report on DSCV
About discoverIE Group
(
Get Free Report)
discoverIE Group plc is an international group of businesses that design and manufacture innovative electronic components for industrial use. The Group provides application-specific components to original equipment manufacturers (“OEMs”) internationally, with a focus on key markets driven by structural growth and increasing electronic content, namely renewable energy, medical, transportation, security, and industrial & connectivity.
The Group employs c.4,500 people across 20 countries.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
