Key Points
- Insider purchase: Tim Prestidge bought 8 Judges Scientific shares at GBX 3,608 each, for a total of £288.64.
- Share performance: Judges Scientific opened at GBX 3,562.61, down 1.0%, and remains well below its 52-week high of GBX 6,300.
- Analyst outlook: Analysts maintain a positive view, with an average “Buy” rating and a GBX 6,490 price target, despite the company reporting negative net margin and return on equity.
Judges Scientific plc (LON:JDG - Get Free Report) insider Tim Prestidge bought 8 shares of Judges Scientific stock in a transaction dated Monday, October 5th. The stock was purchased at an average price of GBX 3,608 per share, with a total value of £288.64.
Judges Scientific Stock Down 1.0%
JDG opened at GBX 3,562.61 on Wednesday. The company has a debt-to-equity ratio of 76.68, a current ratio of 2.62 and a quick ratio of 0.65. The company's 50-day moving average is GBX 4,001.30 and its 200 day moving average is GBX 4,354.38. Judges Scientific plc has a fifty-two week low of GBX 3,480 and a fifty-two week high of GBX 6,300. The firm has a market capitalization of £237.31 million, a P/E ratio of -387.24, a PEG ratio of 0.56 and a beta of 0.69.
Judges Scientific (LON:JDG - Get Free Report) last released its quarterly earnings results on Wednesday, September 23rd. The company reported GBX 39 earnings per share for the quarter. Judges Scientific had a negative net margin of 0.46% and a negative return on equity of 0.72%. Research analysts expect that Judges Scientific plc will post 402.5824271 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the company. Berenberg Bank restated a "buy" rating and issued a GBX 5,600 target price on shares of Judges Scientific in a research note on Wednesday, September 23rd. Shore Capital Group reaffirmed a "house stock" rating on shares of Judges Scientific in a research report on Thursday, July 23rd. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, Judges Scientific presently has an average rating of "Buy" and an average price target of GBX 6,490.
Get Our Latest Report on JDG
Judges Scientific Company Profile
(
Get Free Report)
Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 23 businesses acquired since 2005.
The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen's Awards for innovation and export.
The Group's companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.
Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash.
Further Reading
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