Spectris (LON:SXS) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Spectris plc's stock price recently crossed above its 200-day moving average, with the latest trading price at GBX 4,074 ($54.77).
• Analysts have set a new price target for Spectris, with Deutsche Bank raising it to GBX 4,147, while the consensus rating is currently a Moderate Buy.
• The company reported GBX 38.40 EPS for its latest quarter, demonstrating a strong return on equity of 20.13% and a net margin of 20.44%.

Spectris plc (LON:SXS - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 3,165.33 ($42.55) and traded as high as GBX 4,088 ($54.95). Spectris shares last traded at GBX 4,074 ($54.77), with a volume of 408,032 shares trading hands.

Analysts Set New Price Targets

A number of research firms have recently commented on SXS. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Spectris from GBX 3,763 to GBX 4,147 and gave the company a "hold" rating in a research note on Friday, September 5th. Shore Capital reissued a "buy" rating on shares of Spectris in a report on Wednesday, July 2nd. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of GBX 3,573.50.

Spectris Trading Down 0.9%

The company has a fifty day moving average of GBX 4,064.26 and a two-hundred day moving average of GBX 3,165.33. The stock has a market capitalization of £4.05 billion, a price-to-earnings ratio of 7,072.92, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61. The company has a current ratio of 2.36, a quick ratio of 1.03 and a debt-to-equity ratio of 4.37.

Spectris (LON:SXS - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported GBX 38.40 EPS for the quarter. Spectris had a return on equity of 20.13% and a net margin of 20.44%. On average, research analysts expect that Spectris plc will post 194.7972456 EPS for the current year.

Spectris Company Profile

The experts in providing insight through precision measurement. Our purpose is to deliver value beyond measure – going beyond just the measurement. Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software. Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently. This equips them with the ability to reduce time to market, improve processes, quality and yield.

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