Smiths Group (LON:SMIN) Issues Quarterly Earnings Results

Key Points

• Smiths Group reported earnings of GBX 85.70 per share for the quarter, with a net margin of 7.98% and a return on equity of 11.54%.
• The company has a market capitalization of £7.63 billion and showed significant insider activity, with total insider purchases of 1,091 shares valued at over $1.6 million in the past ninety days.
• The stock opened at GBX 2,335 and has a 52-week trading range between GBX 1,514.66 and GBX 2,550.

Smiths Group (LON:SMIN - ) released its quarterly earnings data on Tuesday. The company reported GBX 85.70 earnings per share for the quarter, Digital Look Earnings reports. Smiths Group had a net margin of 7.98% and a return on equity of 11.54%.

Smiths Group Stock Performance

LON:SMIN opened at GBX 2,335 on Tuesday. Smiths Group has a 52 week low of GBX 1,514.66 and a 52 week high of GBX 2,550. The company has a fifty day simple moving average of GBX 2,342.91 and a two-hundred day simple moving average of GBX 2,143.45. The company has a quick ratio of 1.29, a current ratio of 2.07 and a debt-to-equity ratio of 29.55. The company has a market cap of £7.63 billion, a price-to-earnings ratio of 2,632.47, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66.

Insider Activity at Smiths Group

In other Smiths Group news, insider Roland Carter purchased 773 shares of Smiths Group stock in a transaction on Friday, August 1st. The shares were bought at an average price of GBX 1,163 per share, with a total value of £8,989.99. Also, insider Richard Howes purchased 76 shares of the business's stock in a transaction that occurred on Friday, August 1st. The stock was acquired at an average price of GBX 2,340 per share, for a total transaction of £1,778.40. Insiders purchased a total of 1,091 shares of company stock valued at $1,643,119 over the last ninety days. Insiders own 0.75% of the company's stock.

Smiths Group Company Profile

Smiths Group plc operates as an industrial technology 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 offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.

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