Key Points
- Insider sale: Derek Harding sold 2,433 shares on 27 November at an average of GBX 4,133, generating proceeds of £100,555.89 (he had previously bought 4 shares in September).
- Share performance: Spectris is trading around GBX 4,140 (near its 52‑week high of GBX 4,170) with a market capitalization of £4.12 billion and a high P/E of 71.91, while the 50‑day/200‑day moving averages are GBX 4,105 and GBX 3,785 respectively.
- Analyst view: Deutsche Bank raised its target to GBX 4,147 and gave a "hold," while consensus is a "Moderate Buy" (two Buys, one Hold) with an average target of GBX 3,573.50.
Spectris plc (LON:SXS - Get Free Report) insider Derek Harding sold 2,433 shares of the business's stock in a transaction that occurred on Thursday, November 27th. The shares were sold at an average price of GBX 4,133, for a total value of £100,555.89.
Derek Harding also recently made the following trade(s):
- On Friday, September 5th, Derek Harding purchased 4 shares of Spectris stock. The stock was acquired at an average price of GBX 4,067 per share, for a total transaction of £162.68.
Spectris Price Performance
Shares of SXS stock opened at GBX 4,142 on Wednesday. The stock has a 50 day moving average price of GBX 4,105.31 and a 200 day moving average price of GBX 3,784.61. Spectris plc has a 52-week low of GBX 1,877 and a 52-week high of GBX 4,170. The company has a debt-to-equity ratio of 4.37, a quick ratio of 1.03 and a current ratio of 2.36. The firm has a market capitalization of £4.12 billion, a P/E ratio of 71.91, a P/E/G ratio of 2.74 and a beta of 0.61.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft upped their price target on shares of Spectris from GBX 3,763 to GBX 4,147 and gave the stock a "hold" rating in a report on Friday, September 5th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of GBX 3,573.50.
Read Our Latest Report on SXS
About Spectris
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The experts in providing insight through precision measurement.
Our purpose is to deliver value beyond measure – going beyond just the measurement.
Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software.
Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently.
This equips them with the ability to reduce time to market, improve processes, quality and yield.
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