Simon Pryce Purchases 206 Shares of Smiths Group (LON:SMIN) Stock

Key Points

• Insider purchase: Simon Pryce acquired 206 shares of Smiths Group on May 1 at an average price of GBX 2,532 per share (total £5,215.92), after buying 68 shares on Feb 2 at GBX 2,496.
• Smiths Group shares traded down 0.2% to GBX 2,538 on Friday with volume of 780,253 (well below the ~8.6M average); the stock has a market cap of £7.74B, a P/E of 33.05, PEG 0.35, and a 1‑year range of GBX 1,890–2,746.
• Analysts' consensus is a Moderate Buy with an average target of GBX 3,158 (four Buy ratings, one Hold), and individual targets as high as GBX 4,300.

Smiths Group plc (LON:SMIN - Get Free Report) insider Simon Pryce acquired 206 shares of the business's stock in a transaction that occurred on Friday, May 1st. The shares were purchased at an average price of GBX 2,532 per share, with a total value of £5,215.92.

Simon Pryce also recently made the following trade(s):

• On Monday, February 2nd, Simon Pryce bought 68 shares of Smiths Group stock. The shares were purchased at an average cost of GBX 2,496 per share, for a total transaction of £1,697.28.

Smiths Group Trading Down 0.2%

LON:SMIN traded down GBX 6 on Friday, hitting GBX 2,538. The stock had a trading volume of 780,253 shares, compared to its average volume of 8,595,216. The company has a fifty day moving average price of GBX 2,491.58 and a two-hundred day moving average price of GBX 2,479.91. Smiths Group plc has a 1-year low of GBX 1,890 and a 1-year high of GBX 2,746. The company has a quick ratio of 1.29, a current ratio of 3.04 and a debt-to-equity ratio of 73.19. The stock has a market cap of £7.74 billion, a price-to-earnings ratio of 33.05, a PEG ratio of 0.35 and a beta of 0.70.

Smiths Group (LON:SMIN - Get Free Report) last issued its quarterly earnings data on Friday, March 20th. The company reported GBX 62 earnings per share (EPS) for the quarter. Smiths Group had a return on equity of 13.71% and a net margin of 11.39%. Equities research analysts expect that Smiths Group plc will post 85.1295337 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of Smiths Group from GBX 3,040 to GBX 2,830 and set an "overweight" rating for the company in a research report on Monday, March 23rd. Citigroup boosted their target price on Smiths Group from GBX 2,950 to GBX 3,040 and gave the company an "overweight" rating in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada upped their price target on Smiths Group from GBX 3,500 to GBX 4,300 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of GBX 3,158.

About Smiths Group

Smiths Group plc operates as an industrial engineering company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business engineers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems. The Smiths Detection business provides sensors and systems that detect and identify explosives, narcotics, weapons, chemical agents, biohazards, and contraband.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.