Judges Scientific (LON:JDG) Issues Earnings Results

Key Points

• Quarterly results: Judges Scientific reported EPS of GBX 275.30 on revenue of £145.8 million, with a return on equity of 12.26% and a net margin of 7.69%.
• Stock and valuation: Shares traded down 1.2% to GBX 4,250 (market cap £283.05m) and carry a P/E of 26.07, with a 52-week range of GBX 3,480–9,120.
• Analyst sentiment: Analysts' consensus is a "Buy" with a target price of GBX 6,490, and Berenberg recently reaffirmed a buy rating with a GBX 5,600 target.

Judges Scientific (LON:JDG - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported GBX 275.30 earnings per share for the quarter, Digital Look Earnings reports. Judges Scientific had a return on equity of 12.26% and a net margin of 7.69%.The business had revenue of £145.80 million during the quarter.

Judges Scientific Trading Down 1.2%

JDG traded down GBX 50 during trading on Thursday, reaching GBX 4,250. The company had a trading volume of 22,532 shares, compared to its average volume of 28,665. The company has a quick ratio of 0.65, a current ratio of 2.48 and a debt-to-equity ratio of 74.92. The business has a 50 day simple moving average of GBX 4,580.05 and a 200-day simple moving average of GBX 5,322.52. The stock has a market cap of £283.05 million, a P/E ratio of 26.07, a PEG ratio of 0.56 and a beta of 0.66. Judges Scientific has a 52 week low of GBX 3,480 and a 52 week high of GBX 9,120.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 5,600 target price on shares of Judges Scientific in a report on Tuesday. Shore Capital Group reaffirmed a "house stock" rating on shares of Judges Scientific in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of GBX 6,490.

About Judges Scientific

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.

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