Smiths Group (LON:SMIN) Stock Price Passes Above 200 Day Moving Average - Time to Sell?

Key Points

• Technical breakout: Smiths Group shares crossed above their 200‑day moving average, last trading at GBX 2,579 versus a 200‑day MA of GBX 2,468.68, with the stock up about 1.9% on the session.
• Analyst outlook: The stock has a consensus rating of "Moderate Buy" (four Buys, one Hold) and an average price target of GBX 3,158, with individual targets ranging from JPMorgan's GBX 2,830 to RBC's GBX 4,300.
• Insider activity and fundamentals: Insiders have bought 5,138 shares in the past 90 days (insider ownership 0.81%), while the company has a market cap of £7.86bn, a P/E of 33.58 and a debt‑to‑equity ratio of 73.19.

Smiths Group plc (LON:SMIN - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,468.68 and traded as high as GBX 2,579. Smiths Group shares last traded at GBX 2,579, with a volume of 31,270,988 shares.

Analysts Set New Price Targets

Several analysts have recently commented on SMIN shares. JPMorgan Chase & Co. lowered their target price on shares of 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. Citigroup boosted their price target on shares of Smiths Group from GBX 2,950 to GBX 3,040 and gave the stock an "overweight" rating in a report on Tuesday, January 27th. Finally, Royal Bank Of Canada upped their price objective 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. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 3,158.

Smiths Group Stock Up 1.9%

The stock has a fifty day moving average of GBX 2,504.02 and a 200 day moving average of GBX 2,468.68. The company has a debt-to-equity ratio of 73.19, a current ratio of 3.04 and a quick ratio of 1.29. The firm has a market capitalization of £7.86 billion, a P/E ratio of 33.58, a price-to-earnings-growth ratio of 0.35 and a beta of 0.70.

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

Insider Buying and Selling

In related news, insider Simon Pryce purchased 68 shares of Smiths Group stock in a transaction that occurred on Monday, February 2nd. The stock was bought at an average price of GBX 2,496 per share, for a total transaction of £1,697.28. Also, insider Richard Howes acquired 70 shares of the firm's stock in a transaction that occurred on Monday, February 2nd. The shares were bought at an average price of GBX 2,496 per share, with a total value of £1,747.20. In the last ninety days, insiders have purchased 5,138 shares of company stock valued at $11,684,448. 0.81% of the stock is owned by insiders.

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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