Spectris plc (LON:SXS) Insider Derek Harding Purchases 6 Shares

Spectris plc (LON:SXS) insider Derek Harding purchased 6 shares of the firm’s stock in a transaction dated Friday, March 7th. The shares were acquired at an average cost of GBX 2,667 ($34.53) per share, with a total value of £160.02 ($207.17).

Spectris Trading Down 2.4 %

SXS stock opened at GBX 2,454.80 ($31.78) on Wednesday. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03. The company has a fifty day moving average price of GBX 2,796.82 and a two-hundred day moving average price of GBX 2,681.49. Spectris plc has a one year low of GBX 2,370 ($30.68) and a one year high of GBX 3,430 ($44.41). The stock has a market cap of £2.44 billion, a price-to-earnings ratio of 9.09, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61.

Spectris (LON:SXS) last released its quarterly earnings data on Friday, February 28th. The company reported GBX 148.10 ($1.92) EPS for the quarter. Spectris had a net margin of 20.44% and a return on equity of 20.13%. Equities analysts anticipate that Spectris plc will post 194.7972456 EPS for the current year.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of Spectris in a research note on Thursday, January 23rd. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 3,949 ($51.13).

About Spectris

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.