Key Points
- Simon Gibbins, an insider at discoverIE Group, bought 2,601 shares on January 26 at an average price of GBX 623, for a total cost of £16,204.23.
- Research analysts maintain a consensus Buy rating with an average price target of GBX 830, and individual targets from major houses range up to GBX 1,000 (JPMorgan).
- The stock opened at GBX 649, has a market cap of about £630.3 million, a P/E of 24.68, and a 52-week range of GBX 472.50–754 with 50/200-day SMAs near GBX 601/614.
discoverIE Group plc (LON:DSCV - Get Free Report) insider Simon Gibbins bought 2,601 shares of the firm's stock in a transaction dated Monday, January 26th. The shares were acquired at an average cost of GBX 623 per share, with a total value of £16,204.23.
discoverIE Group Price Performance
Shares of LON DSCV opened at GBX 649 on Friday. The stock has a market cap of £630.32 million, a price-to-earnings ratio of 24.68 and a beta of 1.09. The company has a debt-to-equity ratio of 77.88, a quick ratio of 0.96 and a current ratio of 1.55. discoverIE Group plc has a fifty-two week low of GBX 472.50 and a fifty-two week high of GBX 754. The firm's 50-day simple moving average is GBX 601.20 and its 200 day simple moving average is GBX 613.95.
discoverIE Group (LON:DSCV - Get Free Report) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported GBX 19.50 EPS for the quarter. discoverIE Group had a return on equity of 5.10% and a net margin of 3.55%. As a group, research analysts anticipate that discoverIE Group plc will post 37.5 earnings per share for the current fiscal year.
Analyst Ratings Changes
DSCV has been the topic of a number of analyst reports. Berenberg Bank reaffirmed a "buy" rating and set a GBX 950 price objective on shares of discoverIE Group in a report on Friday, December 5th. Shore Capital reissued a "buy" rating and set a GBX 750 price target on shares of discoverIE Group in a research report on Tuesday, December 2nd. JPMorgan Chase & Co. restated a "buy" rating and set a GBX 1,000 price target on shares of discoverIE Group in a report on Wednesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of discoverIE Group to a "buy" rating and increased their price objective for the company from GBX 735 to GBX 850 in a research note on Monday, December 1st. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of GBX 830.
View Our Latest Stock Analysis 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. Its principal operating units are located in Continental Europe, the UK, China, Sri Lanka, India, Thailand, Mexico and the USA.
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