Key Points
- Insider purchase: Director Alister Cowan bought 5,000 shares on March 22 at GBX 2,268 each, a total transaction of £113,400.
- Analyst sentiment: The stock holds a consensus "Moderate Buy" with an average price target of GBX 3,158, and recent upgrades from Citigroup (GBX 3,040) and RBC (GBX 4,300); four analysts rate it Buy and one rates it Hold.
- Financials & price context: Smiths reported quarterly EPS of GBX 62 with a net margin of 11.39% and ROE of 13.71%, shares opened at GBX 2,246.62, and the company has a market cap of about £7.01 billion (1‑yr range GBX 1,671–2,746).
Smiths Group plc (LON:SMIN - Get Free Report) insider Alister Cowan acquired 5,000 shares of the firm's stock in a transaction that occurred on Sunday, March 22nd. The stock was bought at an average price of GBX 2,268 per share, for a total transaction of £113,400.
Smiths Group Trading Up 1.6%
Shares of Smiths Group stock opened at GBX 2,246.62 on Wednesday. Smiths Group plc has a 1 year low of GBX 1,671 and a 1 year high of GBX 2,746. The firm has a market cap of £7.01 billion, a PE ratio of 26.34, a PEG ratio of 0.35 and a beta of 0.59. The company has a debt-to-equity ratio of 73.19, a current ratio of 3.04 and a quick ratio of 1.29. The company has a 50 day simple moving average of GBX 2,557.17 and a two-hundred day simple moving average of GBX 2,462.57.
Smiths Group (LON:SMIN - Get Free Report) last issued its quarterly earnings results on Friday, March 20th. The company reported GBX 62 EPS for the quarter. Smiths Group had a net margin of 11.39% and a return on equity of 13.71%. Analysts expect that Smiths Group plc will post 85.1295337 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on SMIN shares. Citigroup increased their target price on Smiths Group from GBX 2,950 to GBX 3,040 and gave the company an "overweight" rating in a research note on Tuesday, January 27th. Royal Bank Of Canada lifted their price target on Smiths Group from GBX 3,500 to GBX 4,300 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Berenberg Bank reiterated a "hold" rating and issued a GBX 2,750 price objective on shares of Smiths Group in a report on Friday, November 28th. Finally, JPMorgan Chase & Co. reduced their price objective on Smiths Group from GBX 3,040 to GBX 2,830 and set an "overweight" rating on the stock in a research report on Monday. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 3,158.
Check Out Our Latest Analysis on Smiths Group
Smiths Group Company Profile
(
Get Free Report)
Smiths Group plc operates as an industrial engineering company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business engineers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems. The Smiths Detection business provides sensors and systems that detect and identify explosives, narcotics, weapons, chemical agents, biohazards, and contraband.
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