Spirent Communications (SPT) Share Price, News & Analysis

Company Overview

Spirent Communications plc provides automated test and assurance solutions in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through Lifecycle Service Assurance, and Networks & Security segments. The Lifecycle Service Assurance segment offers lab-based testing solutions for 5G mobile core networks, and cellular and Wi-Fi devices, as well as live solutions. This segment also provides lab and test automation solutions for the telecom industry and enterprises. The Networks & Security segment develops test methodologies, tools, and services for virtualised networks, cloud, and artificial intelligence networking infrastructure, as well as application performance and proactive security validation. This segment also offers Ethernet/internet protocol performance testing solutions, as well as navigation satellite system test and simulation solutions while addressing opportunities in the broader positioning, navigation, and timing market, including low earth orbit satellites and autonomous vehicles. The company was formerly known as Spirent plc and changed its name to Spirent Communications plc in May 2006. Spirent Communications plc was founded in 1936 and is headquartered in Crawley, the United Kingdom.

Key Stats

• Today's Range: 198.80 to 200
• 50-Day Range: 198.80 to 198.80
• 52-Week Range: 165 to 200
• Volume: 6.98 million shs
• Average Volume: 5.90 million shs
• Market Capitalization: £1.17 billion
• P/E Ratio: 16,032.26
• Dividend Yield: 3.56%
• Price Target: GBX 199
• Consensus Rating: Hold

Spirent Communications Stock Analysis - MarketRank™

Spirent Communications scored higher than 6% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Spirent Communications has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and no sell ratings.

Upside/Downside

The consensus price target for Spirent Communications is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Spirent Communications has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Spirent Communications is 16,032.26, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Spirent Communications is 16,032.26, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 75.93.

Price to Earnings Growth Ratio

Spirent Communications has a PEG Ratio of 5.73. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Spirent Communications has a P/B Ratio of 3.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SPT.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Spirent Communications is a leading dividend payer. It pays a dividend yield of 3.56%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Spirent Communications does not have a long track record of dividend growth.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

10 people have searched for SPT on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Spirent Communications insiders have not sold or bought any company stock.

Percentage Held by Insiders

21.97% of the stock of Spirent Communications is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

57.44% of the stock of Spirent Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Computer and Technology
• Industry: Software - Infrastructure
• Sub-Industry: Computer Software
• Current Symbol: LON:SPT
• CIK: N/A
• Web: www.spirent.com
• Phone: +44-1293-767676
• Fax: N/A
• Employees: 1,526
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Spirent Communications: GBX 199
• High Price Target: GBX 199
• Low Price Target: GBX 199
• Potential Upside/Downside: +0.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 0.01
• Trailing P/E Ratio: 16,032.26
• Forward P/E Ratio: 35.28
• P/E Growth: 5.73
• Net Income: £16.67 million
• Net Margins: 2.80%
• Pretax Margin: N/A
• Return on Equity: 3.36%
• Return on Assets: 2.77%

Debt

• Debt-to-Equity Ratio: 5.17
• Current Ratio: 1.91
• Quick Ratio: 1.95

Sales & Book Value

• Annual Sales: £471 million
• Price / Sales: 2.49
• Cash Flow: GBX 22.90 per share
• Price / Cash Flow: 8.68
• Book Value: GBX 65.47 per share
• Price / Book: 3.04

Miscellaneous

• Outstanding Shares: 589,198,000
• Free Float: N/A
• Market Cap: £1.17 billion
• Optionable: Not Optionable
• Beta: 0.57