Key Points
- Insider sale: Director Jonathan Neale sold 65,151 shares on April 21 at an average price of GBX 244, generating proceeds of £158,968.44.
- Analyst stance: Berenberg reaffirmed a "Buy" rating with a GBX 213 price target and MarketBeat shows a consensus rating of Buy for Filtronic.
- Stock context: Filtronic opened at GBX 250 (near its 52-week high of GBX 251), has a market cap of £549.86m and a high PE ratio of 60.24, with analysts forecasting about 3.07 EPS for the year.
Filtronic plc (LON:FTC - Get Free Report) insider Jonathan Neale sold 65,151 shares of the stock in a transaction that occurred on Tuesday, April 21st. The shares were sold at an average price of GBX 244, for a total value of £158,968.44.
Filtronic Stock Performance
LON:FTC opened at GBX 250 on Wednesday. The firm has a market cap of £549.86 million, a PE ratio of 60.24 and a beta of 0.73. Filtronic plc has a fifty-two week low of GBX 91 and a fifty-two week high of GBX 251. The company has a debt-to-equity ratio of 16.02, a quick ratio of 2.13 and a current ratio of 2.23. The business has a 50 day moving average price of GBX 197.49 and a 200-day moving average price of GBX 168.50.
Filtronic (LON:FTC - Get Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The company reported GBX 1.20 earnings per share for the quarter. Filtronic had a return on equity of 26.93% and a net margin of 17.80%. Equities research analysts predict that Filtronic plc will post 3.0730129 earnings per share for the current year.
Analyst Ratings Changes
Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 213 price target on shares of Filtronic in a research note on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Filtronic currently has a consensus rating of "Buy" and an average target price of GBX 213.
Read Our Latest Report on Filtronic
Filtronic Company Profile
(
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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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