Derek Harding Buys 4 Shares of Spectris (LON:SXS) Stock

Key Points

• Derek Harding, an insider at Spectris plc, purchased 4 shares of the company's stock at an average price of GBX 4,067 per share, totaling £162.68.
• Spectris shares recently traded up by 0.3%, reaching GBX 4,090, with a market cap of £4.06 billion and a price-to-earnings ratio of 7,100.69.
• Equities research analysts have generally given Spectris a consensus rating of "Moderate Buy" with a price target increase to GBX 4,147 from Deutsche Bank, despite a lower average target price of GBX 3,573.50.

Spectris plc (LON:SXS - Get Free Report) insider Derek Harding acquired 4 shares of the stock in a transaction dated Friday, September 5th. The stock was acquired at an average cost of GBX 4,067 per share, with a total value of £162.68.

Spectris Trading Up 0.3%

Shares of Spectris stock traded up GBX 14 during trading on Monday, reaching GBX 4,090. 1,102,627 shares of the stock were exchanged, compared to its average volume of 1,131,049. The firm has a market cap of £4.06 billion, a price-to-earnings ratio of 7,100.69, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61. The company has a quick ratio of 1.03, a current ratio of 2.36 and a debt-to-equity ratio of 4.37. The stock's fifty day moving average is GBX 4,017.02 and its 200 day moving average is GBX 2,986.58. Spectris plc has a 1 year low of GBX 1,877 and a 1 year high of GBX 4,170.

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on SXS shares. Shore Capital restated a "buy" rating on shares of Spectris in a research report on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft raised their price target on Spectris from GBX 3,763 to GBX 4,147 and gave the company a "hold" rating in a report on Friday. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 3,573.50.

Spectris Company Profile

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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