Oxford Instruments (LON:OXIG) Insider Buys £1,787.52 in Stock

Key Points

• Insider Paul Fry acquired 98 shares of Oxford Instruments stock at an average cost of GBX 1,824 per share, totaling £1,787.52.
• On the following trading day, Oxford Instruments shares rose 1.4%, reaching GBX 1,852.
• Despite recent upgrades, the consensus target price for the stock is GBX 1,731.67, indicating potential upside based on current trading levels.

Oxford Instruments plc (LON:OXIG - Get Free Report) insider Paul Fry acquired 98 shares of Oxford Instruments stock in a transaction dated Wednesday, September 10th. The stock was purchased at an average cost of GBX 1,824 per share, for a total transaction of £1,787.52.

Oxford Instruments Trading Down 1.4%

Shares of LON:OXIG traded down GBX 26 during trading on Tuesday, reaching GBX 1,804. 312,824 shares of the stock were exchanged, compared to its average volume of 203,331. The firm's 50-day moving average price is GBX 1,867.70 and its 200 day moving average price is GBX 1,818.06. The firm has a market cap of £1.03 billion, a price-to-earnings ratio of 4,072.23, a price-to-earnings-growth ratio of -3.56 and a beta of 0.96. Oxford Instruments plc has a 12-month low of GBX 1,470 and a 12-month high of GBX 2,237.50. The company has a debt-to-equity ratio of 12.96, a quick ratio of 1.11 and a current ratio of 1.64.

Oxford Instruments (LON:OXIG - Get Free Report) last released its quarterly earnings data on Friday, June 13th. The company reported GBX 112.40 earnings per share (EPS) for the quarter. Oxford Instruments had a net margin of 10.78% and a return on equity of 14.14%. On average, sell-side analysts anticipate that Oxford Instruments plc will post 117.7149452 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on OXIG. Shore Capital decreased their price target on shares of Oxford Instruments from GBX 2,800 to GBX 2,600 and set a "buy" rating for the company in a research report on Thursday, July 31st. Berenberg Bank dropped their target price on Oxford Instruments from GBX 2,600 to GBX 2,500 and set a "buy" rating on the stock in a report on Monday, July 14th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of GBX 1,731.67.

About Oxford Instruments

Oxford Instruments provides academic and commercial organisations worldwide with market-leading scientific technology and expertise across its key market segments: materials analysis, semiconductor, and healthcare & life science. Innovation is the driving force behind Oxford Instruments' growth and success, supporting its core purpose to accelerate the breakthroughs that create a brighter future for our world.