Andrew Heath Acquires 3 Shares of Spectris plc (LON:SXS) Stock

Key Points

• Insider Andrew Heath purchased 3 shares of Spectris plc at an average cost of GBX 4,109 ($55.26) each, totaling £123.27 ($165.77).
• Spectris reported earnings per share of GBX 38.40 ($0.52) for the most recent quarter, with a net margin of 20.44% and a return on equity of 20.13%.
• Analysts maintain a "buy" rating on Spectris stock, indicating positive sentiment toward the company's future performance.

Spectris plc (LON:SXS - Get Free Report) insider Andrew Heath purchased 3 shares of the business's stock in a transaction that occurred on Thursday, August 7th. The stock was acquired at an average price of GBX 4,109 ($55.27) per share, with a total value of £123.27 ($165.80).

Spectris Price Performance

SXS stock traded up GBX 6 ($0.08) during trading on Friday, hitting GBX 4,166 ($56.03). The stock had a trading volume of 1,257,244 shares, compared to its average volume of 1,077,141. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03. Spectris plc has a twelve month low of GBX 1,877 ($25.25) and a twelve month high of GBX 4,170 ($56.09). The stock has a market capitalization of £4.15 billion, a P/E ratio of 15.43, a PEG ratio of 2.74 and a beta of 0.61. The company's 50-day moving average price is GBX 3,641.43 and its two-hundred day moving average price is GBX 2,840.53.

Spectris (LON:SXS - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported GBX 38.40 ($0.52) earnings per share (EPS) for the quarter. Spectris had a return on equity of 20.13% and a net margin of 20.44%. As a group, research analysts predict that Spectris plc will post 194.7972456 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a "buy" rating on shares of Spectris in a research note on Wednesday, July 2nd.

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.