Key Points
- Insider sale: Director Pete Magowan sold 100,000 shares on April 9 at GBX 205, totaling £205,000.
- Share performance and valuation: Shares opened at GBX 200 (down ~2%), with a market cap of ~£439.9m, P/E of 48.19 and a 12‑month range of GBX 81–212.
- Analyst view: Berenberg Bank reaffirmed a "Buy" and set a GBX 213 target, and the consensus rating on the stock is "Buy" with a similar target.
Filtronic plc (LON:FTC - Get Free Report) insider Pete Magowan sold 100,000 shares of the stock in a transaction on Thursday, April 9th. The shares were sold at an average price of GBX 205, for a total value of £205,000.
Filtronic Stock Down 2.0%
Shares of LON:FTC opened at GBX 200 on Friday. The firm has a market cap of £439.89 million, a P/E ratio of 48.19 and a beta of 0.73. The company has a quick ratio of 2.13, a current ratio of 2.23 and a debt-to-equity ratio of 16.02. Filtronic plc has a 12-month low of GBX 81 and a 12-month high of GBX 212. The business has a fifty day simple moving average of GBX 193.29 and a 200 day simple moving average of GBX 163.29.
Filtronic (LON:FTC - Get Free Report) last announced its earnings results on Tuesday, February 3rd. The company reported GBX 1.20 earnings per share (EPS) for the quarter. Filtronic had a return on equity of 26.93% and a net margin of 17.80%. Analysts predict that Filtronic plc will post 3.0730129 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 213 target price on shares of Filtronic in a research report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of GBX 213.
Get Our Latest Analysis on Filtronic
About Filtronic
(
Get Free Report)
For leading global telecommunications, space, aerospace, and defence organisations, Filtronic provides the design and manufacturing of complex high-frequency, communication solutions. In today's data-driven world, Filtronic excels in transmitting vast amounts of analog data quickly and accurately over long distances. Our advanced solutions enhance connectivity, optimise bandwidth, and minimise latency. As pioneers in high-frequency mmWave technology, we tackle the toughest challenges in the market, which is why global tech leaders choose Filtronic for unmatched expertise and innovative solutions.
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