Key Points
- Smiths Group insider Julian Fagge sold 26,686 shares at an average price of GBX 2,668, generating total proceeds of approximately £711,982.
- Shares opened at GBX 2,622 and were down 2.0%, with the company valued at roughly £7.34 billion. Smiths Group reported quarterly EPS of GBX 49.50.
- Analysts maintain a “Moderate Buy” consensus, with four Buy and two Hold ratings and an average price target of GBX 2,910.
Smiths Group plc (LON:SMIN - Get Free Report) insider Julian Fagge sold 26,686 shares of the firm's stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of GBX 2,668, for a total value of £711,982.48.
Smiths Group Trading Down 2.0%
LON:SMIN opened at GBX 2,622 on Friday. The company has a market capitalization of £7.34 billion, a PE ratio of 4.19, a P/E/G ratio of 0.35 and a beta of 0.74. Smiths Group plc has a 52-week low of GBX 2,088 and a 52-week high of GBX 2,885. The stock's 50 day moving average price is GBX 2,657.51 and its 200 day moving average price is GBX 2,585.84. The company has a quick ratio of 1.29, a current ratio of 2.77 and a debt-to-equity ratio of 46.28.
Smiths Group (LON:SMIN - Get Free Report) last issued its quarterly earnings data on Tuesday, September 22nd. The company reported GBX 49.50 earnings per share for the quarter. Smiths Group had a return on equity of 92.97% and a net margin of 101.70%. On average, research analysts anticipate that Smiths Group plc will post 85.13 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on SMIN. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a GBX 2,500 target price on shares of Smiths Group in a report on Wednesday, July 1st. Berenberg Bank increased 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. Jefferies Financial Group reissued a "hold" rating and set a GBX 2,750 price objective on shares of Smiths Group in a research report on Wednesday, July 1st. Finally, JPMorgan Chase & Co. raised their price objective on shares of Smiths Group from GBX 2,810 to GBX 3,100 and gave the stock an "overweight" rating in a research report on Tuesday, July 28th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Smiths Group presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 2,910.
Read Our Latest Research Report on SMIN
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.
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