Spirax-Sarco Engineering (LON:SPX) Given “Sell” Rating at Shore Capital

Spirax-Sarco Engineering (LON:SPXGet Free Report)‘s stock had its “sell” rating restated by Shore Capital in a research note issued on Tuesday, MarketBeat.com reports.

Spirax-Sarco Engineering Price Performance

SPX stock opened at GBX 7,140 ($92.59) on Tuesday. The business has a 50 day moving average price of GBX 7,383.68 and a 200 day moving average price of GBX 7,179.08. The stock has a market cap of £5.26 billion, a price-to-earnings ratio of 27.38, a PEG ratio of 2.20 and a beta of 0.68. Spirax-Sarco Engineering has a fifty-two week low of GBX 6,350 ($82.35) and a fifty-two week high of £107.70 ($139.67). The company has a quick ratio of 1.73, a current ratio of 2.25 and a debt-to-equity ratio of 98.85.

Spirax-Sarco Engineering (LON:SPXGet Free Report) last released its quarterly earnings results on Tuesday, March 11th. The company reported GBX 286.30 ($3.71) EPS for the quarter. Spirax-Sarco Engineering had a return on equity of 16.58% and a net margin of 11.57%. Equities research analysts anticipate that Spirax-Sarco Engineering will post 334.5410628 earnings per share for the current fiscal year.

Spirax-Sarco Engineering Company Profile

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Spirax-Sarco Engineering rebrands as Spirax Group

On 22 February 2024, Spirax-Sarco Engineering changed its name to Spirax Group which reflects the Company’s evolution over many years to a larger and stronger Group of three aligned Businesses with differentiated and complementary capabilities.

Our new name respects our history and where we have come from, with who we are today.

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Analyst Recommendations for Spirax-Sarco Engineering (LON:SPX)

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