Smiths Group (LON:SMIN) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Smiths Group's share price recently crossed above its 200-day moving average, indicating potential momentum, with shares trading at GBX 2,406 ($32.30).
• Analysts have rated Smiths Group stock as a Buy, with JPMorgan Chase & Co. maintaining an "overweight" rating.
• The company reported an EPS of GBX 85.70 for the last quarter and has a market cap of £7.82 billion, reflecting strong financial metrics.

Smiths Group plc (LON:SMIN - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,191.77 ($29.43) and traded as high as GBX 2,446 ($32.84). Smiths Group shares last traded at GBX 2,406 ($32.30), with a volume of 955,980 shares.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. restated an "overweight" rating on shares of Smiths Group in a research report on Friday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy".

Smiths Group Stock Up 1.7%

The business's 50 day moving average is GBX 2,355.92 and its 200 day moving average is GBX 2,191.77. The company has a debt-to-equity ratio of 29.55, a quick ratio of 1.29 and a current ratio of 2.07. The stock has a market cap of £7.82 billion, a price-to-earnings ratio of 2,820.63, a price-to-earnings-growth ratio of 0.35 and a beta of 0.66.

Smiths Group (LON:SMIN - Get Free Report) last posted its quarterly earnings data on Tuesday, September 23rd. The company reported GBX 85.70 EPS for the quarter. Smiths Group had a net margin of 7.98% and a return on equity of 11.54%. Equities analysts expect that Smiths Group plc will post 85.1295337 earnings per share for the current year.

Insider Activity at Smiths Group

In related news, insider Richard Howes bought 76 shares of the firm's stock in a transaction on Friday, August 1st. The stock was bought at an average price of GBX 2,340 per share, with a total value of £1,778.40. Also, insider Roland Carter sold 29,313 shares of Smiths Group stock in a transaction on Monday, October 13th. The shares were sold at an average price of GBX 2,421, for a total transaction of £709,667.73. Over the last 90 days, insiders purchased 1,091 shares of company stock worth $1,643,119. Corporate insiders own 0.75% of the company's stock.

About Smiths Group

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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