Key Points
- Insider purchase: Smiths Group director Laurence Mulliez bought 702 shares at GBX 2,831 each, investing a total of £19,873.62.
- Share performance: The stock opened at GBX 2,825, near its 52-week high of GBX 2,885, with a market capitalization of approximately £8.13 billion.
- Analyst sentiment: Smiths Group has a consensus rating of “Moderate Buy” from six analysts, with an average price target of GBX 2,910; recent targets range from GBX 2,500 to GBX 3,200.
Smiths Group plc (LON:SMIN - Get Free Report) insider Laurence Mulliez purchased 702 shares of the firm's stock in a transaction dated Monday, September 28th. The shares were purchased at an average cost of GBX 2,831 per share, for a total transaction of £19,873.62.
Smiths Group Price Performance
Smiths Group stock opened at GBX 2,825 on Wednesday. Smiths Group plc has a 52 week low of GBX 2,088 and a 52 week high of GBX 2,885. The company has a quick ratio of 1.29, a current ratio of 2.77 and a debt-to-equity ratio of 46.28. The firm's 50-day simple moving average is GBX 2,631.62 and its 200 day simple moving average is GBX 2,537.48. The firm has a market capitalization of £8.13 billion, a PE ratio of 36.78, a P/E/G ratio of 0.35 and a beta of 0.74.
Smiths Group (LON:SMIN - Get Free Report) last announced its earnings results on Tuesday, September 22nd. The company reported GBX 49.50 EPS for the quarter. Smiths Group had a return on equity of 92.97% and a net margin of 101.70%. On average, equities research analysts predict that Smiths Group plc will post 85.1295337 EPS for the current fiscal year.
Analyst Ratings Changes
A number of analysts recently commented on SMIN shares. Royal Bank Of Canada reiterated a "sector perform" rating and set a GBX 2,500 price objective on shares of Smiths Group in a research report on Wednesday, July 1st. Berenberg Bank raised their price target on shares of Smiths Group from GBX 3,000 to GBX 3,200 and gave the stock a "buy" rating in a research note on Wednesday, September 23rd. JPMorgan Chase & Co. lifted their price target on shares of Smiths Group from GBX 2,810 to GBX 3,100 and gave the stock an "overweight" rating in a report on Tuesday, July 28th. Finally, Jefferies Financial Group reissued a "hold" rating and issued a GBX 2,750 price objective on shares of Smiths Group in a research report on Wednesday, July 1st. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 2,910.
Read Our Latest Stock Analysis on Smiths Group
About Smiths Group
(
Get Free Report)
For 175 years, we have been pioneers of progress, engineering a better future. Our strategy is to be a focused, efficient and value creating industrial engineering company operating in the attractive and growing market segments of flow control, thermal solutions, construction and aerospace.
We focus on solving the toughest problems for our customers, helping address critical global needs such as decarbonisation and the ever-increasing demand for process and energy efficiency.
We are pioneers of progress.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
