Free Trial

Smiths Group (LON:SMIN) Sets New 1-Year High - Here's Why

Smiths Group logo with Industrials background

Smiths Group plc (LON:SMIN - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 2,206 ($29.96) and last traded at GBX 2,198 ($29.85), with a volume of 1816514 shares trading hands. The stock had previously closed at GBX 2,190 ($29.74).

Smiths Group Trading Up 0.4%

The company has a market cap of £7.62 billion, a PE ratio of 31.06, a PEG ratio of 0.35 and a beta of 0.66. The company has a current ratio of 2.07, a quick ratio of 1.29 and a debt-to-equity ratio of 29.55. The stock has a 50 day moving average price of GBX 1,937.85 and a 200 day moving average price of GBX 1,896.64.

Smiths Group (LON:SMIN - Get Free Report) last released its earnings results on Tuesday, March 25th. The company reported GBX 55.50 ($0.75) EPS for the quarter. Smiths Group had a return on equity of 11.54% and a net margin of 7.98%. Sell-side analysts predict that Smiths Group plc will post 85.1295337 EPS for the current fiscal year.

Smiths Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 17th. Shareholders of record on Thursday, April 10th were paid a dividend of GBX 36 ($0.49) per share. This is a boost from Smiths Group's previous dividend of $30.20. The ex-dividend date was Thursday, April 10th. This represents a yield of 0.71%. Smiths Group's payout ratio is presently 61.13%.

Insider Buying and Selling at Smiths Group

In related news, insider Richard Howes acquired 95 shares of the stock in a transaction on Thursday, May 1st. The stock was acquired at an average price of GBX 1,859 ($25.24) per share, for a total transaction of £1,766.05 ($2,398.22). 0.61% of the stock is owned by company insiders.

About Smiths Group

(Get Free Report)

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.

Featured Stories

Should You Invest $1,000 in Smiths Group Right Now?

Before you consider Smiths Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Smiths Group wasn't on the list.

While Smiths Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Dirt-Cheap Stocks in a Market That’s Getting Expensive
Top 3 Defense Stocks to Profit From $175 Billion Golden Dome
Top 5 Stocks for June: AI Picks That Aren’t NVIDIA

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines