Key Points
- Insider Nimesh Patel bought 2 shares on May 5 at an average price of GBX 7,262 (£145.24) and has been active recently, having bought 1,423 shares on Mar 10 at GBX 7,370 (£104,875.10) and sold 804 shares on Mar 16 at GBX 6,655 (£53,506.20).
- Spirax‑Sarco is trading around GBX 7,456 (52‑week range GBX 5,535–8,050) with a market cap of £5.5bn and a P/E of 33.7; analysts have an average rating of Hold and a consensus price target of GBX 8,012.50.
- The company reported quarterly EPS of GBX 296.30, with a return on equity of 13.86% and a net margin of 9.60%, and analysts expect full‑year EPS of about GBX 334.54.
Spirax-Sarco Engineering plc (LON:SPX - Get Free Report) insider Nimesh Patel bought 2 shares of the business's stock in a transaction on Tuesday, May 5th. The shares were bought at an average price of GBX 7,262 per share, for a total transaction of £145.24.
Nimesh Patel also recently made the following trade(s):
- On Monday, March 16th, Nimesh Patel sold 804 shares of Spirax-Sarco Engineering stock. The shares were sold at an average price of GBX 6,655, for a total value of £53,506.20.
- On Tuesday, March 10th, Nimesh Patel bought 1,423 shares of Spirax-Sarco Engineering stock. The shares were bought at an average price of GBX 7,370 per share, for a total transaction of £104,875.10.
Spirax-Sarco Engineering Price Performance
LON SPX opened at GBX 7,456 on Friday. Spirax-Sarco Engineering plc has a fifty-two week low of GBX 5,535 and a fifty-two week high of GBX 8,050. The stock's 50-day moving average is GBX 7,161.24 and its two-hundred day moving average is GBX 7,102.70. The company has a debt-to-equity ratio of 83.78, a current ratio of 1.85 and a quick ratio of 1.73. The firm has a market cap of £5.50 billion, a P/E ratio of 33.71, a price-to-earnings-growth ratio of 2.20 and a beta of 1.15.
Spirax-Sarco Engineering (LON:SPX - Get Free Report) last posted its earnings results on Tuesday, March 10th. The company reported GBX 296.30 earnings per share for the quarter. Spirax-Sarco Engineering had a return on equity of 13.86% and a net margin of 9.60%. On average, analysts anticipate that Spirax-Sarco Engineering plc will post 334.5410628 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the company. Royal Bank Of Canada raised their price target on Spirax-Sarco Engineering from GBX 6,000 to GBX 6,800 and gave the company an "underperform" rating in a research report on Wednesday, March 11th. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 7,350 price target on shares of Spirax-Sarco Engineering in a research report on Wednesday, March 11th. Shore Capital Group reaffirmed a "hold" rating on shares of Spirax-Sarco Engineering in a research report on Tuesday, March 10th. Finally, Stifel Nicolaus raised their price target on Spirax-Sarco Engineering from GBX 6,450 to GBX 7,250 and gave the company a "hold" rating in a research report on Wednesday, March 11th. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of GBX 8,012.50.
View Our Latest Research Report on SPX
Spirax-Sarco Engineering Company Profile
(
Get Free Report)
Spirax Group is positioned to play a critical role in enabling the industrial transition to net zero, aligned to our Purpose to create sustainable value for all our stakeholders as we engineer a more efficient, safer and sustainable world. We put solving customers' problems at the heart of our total solutions approach. Our global thermal energy and fluid technology solutions improve operating efficiency and safety in our customers' critical industrial processes. Our new-to-world decarbonisation* solutions will use our proprietary technologies to electrify boilers for the raising of steam, as well as the electrification of other critical industrial process heating applications.
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