Key Points
- Insider purchase: director Clive Watson bought 200 shares on Feb 12 at an average price of GBX 640, a total transaction value of £1,280.
- Current trading and valuation: shares opened at GBX 636 (up 0.5%), the stock has a market cap of £617.7m, a P/E of 24.18, and a 1‑year range of GBX 472.50–754.
- Analyst sentiment: the consensus rating is Buy with a consensus target of GBX 830, and individual targets from major firms ranging as high as GBX 1,000 (JPMorgan) and GBX 950 (Berenberg), with Deutsche Bank raising its target to GBX 850.
discoverIE Group plc (LON:DSCV - Get Free Report) insider Clive Watson bought 200 shares of the business's stock in a transaction on Thursday, February 12th. The shares were acquired at an average price of GBX 640 per share, with a total value of £1,280.
discoverIE Group Trading Up 0.5%
Shares of DSCV opened at GBX 636 on Friday. The company has a debt-to-equity ratio of 77.88, a current ratio of 1.55 and a quick ratio of 0.96. The firm has a 50 day simple moving average of GBX 610.38 and a 200-day simple moving average of GBX 608.01. discoverIE Group plc has a 1-year low of GBX 472.50 and a 1-year high of GBX 754. The stock has a market cap of £617.69 million, a price-to-earnings ratio of 24.18 and a beta of 1.09.
discoverIE Group (LON:DSCV - Get Free Report) last posted its earnings results on Tuesday, December 2nd. The company reported GBX 19.50 earnings per share (EPS) for the quarter. discoverIE Group had a return on equity of 5.10% and a net margin of 3.55%. Equities analysts forecast that discoverIE Group plc will post 37.5 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on DSCV shares. Berenberg Bank restated a "buy" rating and issued a GBX 950 target price on shares of discoverIE Group in a report on Friday, December 5th. Shore Capital Group reissued a "buy" rating on shares of discoverIE Group in a research report on Monday, February 2nd. JPMorgan Chase & Co. restated 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 lifted their target price for the stock from GBX 735 to GBX 850 in a research note on Monday, December 1st. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, discoverIE Group currently has a consensus rating of "Buy" and a consensus target price of GBX 830.
Check Out Our Latest Report on discoverIE Group
discoverIE Group Company Profile
(
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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