Judges Scientific (LON:JDG) Issues Quarterly Earnings Results

Key Points

• Judges Scientific reported quarterly EPS of GBX 39, with a 3.77% net margin and 6.24% return on equity.
• The stock fell 1.4% to open at GBX 3,737, well below its 52-week high of GBX 6,500; the company had a £248.92 million market capitalization and a P/E ratio of 45.91.
• Analyst sentiment remains positive, with an average “Buy” rating and a consensus price target of GBX 6,490. Insiders also purchased shares, and insiders collectively own 9.92% of the company.

Judges Scientific (LON:JDG - Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX 39 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Judges Scientific had a net margin of 3.77% and a return on equity of 6.24%.

Judges Scientific Trading Down 1.4%

JDG opened at GBX 3,737 on Wednesday. Judges Scientific has a twelve month low of GBX 3,480 and a twelve month high of GBX 6,500. The company has a quick ratio of 0.65, a current ratio of 2.39 and a debt-to-equity ratio of 77.90. The company has a fifty day moving average of GBX 4,191.54 and a 200-day moving average of GBX 4,384.42. The stock has a market cap of £248.92 million, a PE ratio of 45.91, a price-to-earnings-growth ratio of 0.56 and a beta of 0.69.

Insider Buying and Selling at Judges Scientific

In other Judges Scientific news, insider Ralph Elman acquired 122 shares of the stock in a transaction dated Friday, July 17th. The stock was purchased at an average cost of GBX 4,917 per share, with a total value of £5,998.74. Also, insider Bradley Leonard Ormsby bought 63 shares of the business's stock in a transaction that occurred on Friday, July 17th. The shares were acquired at an average price of GBX 4,917 per share, for a total transaction of £3,097.71. 9.92% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on JDG shares. Shore Capital Group reissued a "house stock" rating on shares of Judges Scientific in a research note on Thursday, July 23rd. Berenberg Bank reaffirmed a "buy" rating and set a GBX 5,600 target price on shares of Judges Scientific in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Judges Scientific currently has an average rating of "Buy" and a consensus price target of GBX 6,490.

Judges Scientific Company Profile

Judges Scientific plc AIM: JDG, is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 23 businesses acquired since 2005. The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen's Awards for innovation and export. The Group's companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins. Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash.