Smiths Group (LON:SMIN) Insider Purchases £1,772.40 in Stock

Key Points

• Richard Howes, an insider at Smiths Group, purchased 70 shares on May 1 at GBX 2,532 per share for a total of £1,772.40; he also bought 70 shares on Feb 2 at GBX 2,496 (total £1,747.20).
• SMIN traded down 0.2% to GBX 2,538 with light volume (780,253 shares vs. average ~8.6M); the company has a market cap of £7.74bn, a PE of 33.05 and a 1‑year range of GBX 1,890–2,746.
• Analysts hold a consensus "Moderate Buy" rating with an average target of GBX 3,158, while individual targets vary widely (e.g., RBC GBX 4,300 buy, JPMorgan GBX 2,830 overweight, Citi GBX 3,040 overweight).

Smiths Group plc (LON:SMIN - Get Free Report) insider Richard Howes purchased 70 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was bought at an average cost of GBX 2,532 per share, with a total value of £1,772.40.

Richard Howes also recently made the following trade(s):

• On Monday, February 2nd, Richard Howes acquired 70 shares of Smiths Group stock. The shares were bought at an average price of GBX 2,496 per share, for a total transaction of £1,747.20.

Smiths Group Stock Down 0.2%

SMIN traded down GBX 6 during mid-day trading on Friday, reaching GBX 2,538. 780,253 shares of the stock were exchanged, compared to its average volume of 8,595,216. 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 debt-to-equity ratio of 73.19, a quick ratio of 1.29 and a current ratio of 3.04. The stock has a market capitalization of £7.74 billion, a PE ratio of 33.05, a price-to-earnings-growth ratio of 0.35 and a beta of 0.70. The company has a 50 day moving average price of GBX 2,491.58 and a two-hundred day moving average price of GBX 2,479.91.

Smiths Group (LON:SMIN - Get Free Report) last announced its earnings results on Friday, March 20th. The company reported GBX 62 EPS for the quarter. Smiths Group had a net margin of 11.39% and a return on equity of 13.71%. As a group, research analysts anticipate that Smiths Group plc will post 85.1295337 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have commented on SMIN shares. Royal Bank Of Canada lifted their target price on shares of Smiths Group from GBX 3,500 to GBX 4,300 and gave the stock a "buy" rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. reduced their target price on Smiths Group from GBX 3,040 to GBX 2,830 and set an "overweight" rating for the company in a report on Monday, March 23rd. Finally, Citigroup lifted their price target on Smiths Group from GBX 2,950 to GBX 3,040 and gave the stock an "overweight" rating in a report on Tuesday, January 27th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, Smiths Group presently has a consensus rating of "Moderate Buy" and an average target price of GBX 3,158.

Smiths Group Company Profile

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.

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