Spectris plc (LON:SXS - Get Free Report) insider Derek Harding bought 4 shares of the company's stock in a transaction that occurred on Wednesday, May 8th. The stock was acquired at an average price of GBX 3,298 ($41.43) per share, for a total transaction of £131.92 ($165.73).
Derek Harding also recently made the following trade(s):
- On Friday, April 5th, Derek Harding sold 1,909 shares of Spectris stock. The shares were sold at an average price of GBX 3,201 ($40.21), for a total value of £61,107.09 ($76,767.70).
Spectris Stock Performance
Shares of LON:SXS opened at GBX 3,314 ($41.63) on Friday. The business has a fifty day moving average of GBX 3,280.49 and a 200-day moving average of GBX 3,425.54. The company has a debt-to-equity ratio of 4.76, a quick ratio of 1.03 and a current ratio of 1.89. Spectris plc has a twelve month low of GBX 2,917 ($36.65) and a twelve month high of GBX 3,883.85 ($48.79). The firm has a market cap of £3.34 billion, a PE ratio of 2,367.14, a price-to-earnings-growth ratio of 2.74 and a beta of 0.72.
Spectris Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, May 16th will be paid a GBX 53.90 ($0.68) dividend. The ex-dividend date of this dividend is Thursday, May 16th. This is an increase from Spectris's previous dividend of $25.30. This represents a dividend yield of 1.49%. Spectris's payout ratio is currently 5,642.86%.
Analyst Upgrades and Downgrades
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SXS has been the topic of a number of recent research reports. Stifel Nicolaus cut Spectris to a "sell" rating and set a GBX 8,500 ($106.78) target price on the stock. in a report on Friday, March 8th. Barclays reiterated an "overweight" rating and issued a GBX 4,250 ($53.39) target price on shares of Spectris in a research report on Friday, May 3rd. Numis Securities reaffirmed a "buy" rating and issued a GBX 4,435 ($55.72) target price on shares of Spectris in a research report on Thursday, April 11th. Shore Capital cut Spectris to a "sell" rating in a report on Thursday, February 29th. Finally, Berenberg Bank cut their price objective on Spectris from GBX 3,780 ($47.49) to GBX 3,520 ($44.22) and set a "hold" rating for the company in a report on Friday, March 1st. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of GBX 6,078.33 ($76.36).
Read Our Latest Research Report on SXS
About Spectris
(
Get Free Report)
Spectris plc provides precision measurement solutions worldwide. It operates through Spectris Scientific, Spectris Dynamics, and Other segments. The Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials; and monitor ultra-clean manufacturing environments.
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