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: 196 to 196.80
• 50-Day Range: 191.19 to 196.60
• 52-Week Range: 165 to 200
• Volume: 3.45 million shs
• Average Volume: 2.29 million shs
• Market Capitalization: £1.41 billion
• P/E Ratio: 106.28
• Dividend Yield: 3.05%
• Price Target: GBX 236
• Consensus Rating: Moderate Buy

Spirent Communications Stock Analysis - MarketRank™

Spirent Communications scored higher than 28% 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: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Spirent Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Spirent Communications has only been the subject of 1 research reports 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 106.28, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of Spirent Communications is 106.28, 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 53.94.

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 3.00. 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.

Dividend Coverage

The dividend payout ratio of Spirent Communications is 324.35%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for SPT.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: -0.85

News Sentiment

Spirent Communications has a news sentiment score of -0.85. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.82 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Spirent Communications this week, compared to 1 article on an average week.

Search Interest

Only 3 people have searched for SPT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Spirent Communications insiders have bought more of their company's stock than they have sold. Specifically, they have bought £248.95 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 3.34% of the stock of Spirent Communications is held by insiders.

Percentage Held by Institutions

124.22% of the stock of Spirent Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SPT Stock Analysis - Frequently Asked Questions

How have SPT shares performed this year?

Spirent Communications' stock was trading at GBX 177 at the start of the year. Since then, SPT stock has increased by 11.1% and is now trading at GBX 196.60.

How do I buy shares of Spirent Communications?

Shares of SPT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What other stocks do shareholders of Spirent Communications own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Spirent Communications investors own include Anglo American (AAL), Hastings Group Holdings plc (HSTG.L) (HSTG), Renishaw (RSW), Rotork (ROR), Hiscox (HSX), Anglo American (NGLOY) and Rio Tinto Group (RIO).

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 236
• High Price Target: GBX 321
• Low Price Target: GBX 199
• Potential Upside/Downside: +20.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 1.85
• Trailing P/E Ratio: 106.28
• Forward P/E Ratio: 34.89
• P/E Growth: 5.73
• Net Income: £16.67 million
• Net Margins: 2.97%
• Pretax Margin: N/A
• Return on Equity: 3.54%
• Return on Assets: 2.77%

Debt

• Debt-to-Equity Ratio: 5.25
• Current Ratio: 1.82
• Quick Ratio: 1.95

Sales & Book Value

• Annual Sales: £561.21 million
• Price / Sales: 2.51
• Cash Flow: GBX 22.65 per share
• Price / Cash Flow: 8.68
• Book Value: GBX 65.47 per share
• Price / Book: 3.00

Miscellaneous

• Outstanding Shares: 717,834,518
• Free Float: N/A
• Market Cap: £1.41 billion
• Optionable: Not Optionable
• Beta: 0.57