Smiths Group plc (LON:SMIN - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,853.22 ($24.85) and traded as high as GBX 2,170 ($29.10). Smiths Group shares last traded at GBX 2,161.10 ($28.98), with a volume of 973,485 shares changing hands.
Smiths Group Price Performance
The firm's fifty day simple moving average is GBX 1,902.43 and its 200 day simple moving average is GBX 1,853.22. The firm has a market cap of £7.32 billion, a P/E ratio of 29.84, a P/E/G ratio of 0.35 and a beta of 0.66. The company has a debt-to-equity ratio of 29.55, a quick ratio of 1.29 and a current ratio of 2.07.
Smiths Group (LON:SMIN - Get Free Report) last announced its earnings results on Tuesday, March 25th. The company reported GBX 55.50 ($0.74) earnings per share (EPS) for the quarter. Smiths Group had a net margin of 7.98% and a return on equity of 11.54%. As a group, analysts forecast that Smiths Group plc will post 85.1295337 earnings per share for the current year.
Smiths Group Increases Dividend
The firm also recently announced a dividend, which was paid on Thursday, April 17th. Stockholders of record on Thursday, April 10th were given a dividend of GBX 36 ($0.48) per share. This represents a dividend yield of 0.71%. This is a boost from Smiths Group's previous dividend of $30.20. The ex-dividend date of this dividend was Thursday, April 10th. Smiths Group's dividend payout ratio is currently 61.13%.
Insider Activity
In other Smiths Group news, insider Richard Howes bought 95 shares of the firm's stock in a transaction dated Thursday, May 1st. The shares were purchased at an average cost of GBX 1,859 ($24.93) per share, for a total transaction of £1,766.05 ($2,368.31). Corporate insiders own 0.61% of the company's stock.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
