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LON:SPX

Spirax-Sarco Engineering (SPX) Share Price, News & Analysis

Spirax-Sarco Engineering logo
GBX 6,455
-80.00 (-1.22%)
(As of 10/31/2024 ET)

About Spirax-Sarco Engineering Stock (LON:SPX)

Key Stats

Today's Range
6,420
6,545
50-Day Range
6,535
7,700
52-Week Range
6,420
£112.80
Volume
130,063 shs
Average Volume
249,345 shs
Market Capitalization
£4.75 billion
P/E Ratio
2,482.69
Dividend Yield
2.51%
Price Target
GBX 8,672.50
Consensus Rating
Reduce

Company Overview

Spirax-Sarco Engineering plc provides engineered solutions it operates through three segments: Steam Thermal Solutions; Electric Thermal Solutions; and Watson-Marlow Fluid Technology Solutions. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes; and peristaltic and niche pumps and associated fluid path technologies, including tubing, and specialty filling systems and products for single-use applications. It serves pharmaceutical and biotechnology, food, beverage, oil, gas, chemical, power generation, healthcare, water and wastewater, buildings, mining and precious metal processing, semiconductor, and transport sectors, as well as original equipment manufacturers. The company sells its products directly, as well as through distributors. It operates in Europe, the Middle East, and Africa; the Asia Pacific; and the Americas. The company was founded in 1888 and is headquartered in Cheltenham, the United Kingdom.

Spirax-Sarco Engineering Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
54th Percentile Overall Score

SPX MarketRank™: 

Spirax-Sarco Engineering scored higher than 54% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Spirax-Sarco Engineering has received a consensus rating of Reduce. The company's average rating score is 1.71, and is based on 1 buy rating, 3 hold ratings, and 3 sell ratings.

  • Amount of Analyst Coverage

    Spirax-Sarco Engineering has only been the subject of 3 research reports in the past 90 days.

  • Read more about Spirax-Sarco Engineering's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Spirax-Sarco Engineering is 2,478.85, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 135.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Spirax-Sarco Engineering is 2,478.85, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 517.97.

  • Price to Earnings Growth Ratio

    Spirax-Sarco Engineering has a PEG Ratio of 2.20. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Spirax-Sarco Engineering has a P/B Ratio of 4.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for SPX.
  • Dividend Yield

    Spirax-Sarco Engineering pays a meaningful dividend of 2.36%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Spirax-Sarco Engineering does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Spirax-Sarco Engineering is 6,230.77%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Spirax-Sarco Engineering's dividend.
  • Short Interest

    There is no current short interest data available for SPX.
  • News Sentiment

    Spirax-Sarco Engineering has a news sentiment score of 0.10. 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 0.33 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Spirax-Sarco Engineering this week, compared to 1 article on an average week.
  • Search Interest

    14 people have searched for SPX on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Spirax-Sarco Engineering to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Spirax-Sarco Engineering insiders have bought more of their company's stock than they have sold. Specifically, they have bought £48,992 in company stock and sold GBX 0 in company stock.

  • Percentage Held by Insiders

    Only 0.73% of the stock of Spirax-Sarco Engineering is held by insiders.

  • Percentage Held by Institutions

    80.37% of the stock of Spirax-Sarco Engineering is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Spirax-Sarco Engineering's insider trading history.
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SPX Stock News Headlines

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SPX Stock Analysis - Frequently Asked Questions

Spirax-Sarco Engineering's stock was trading at £105.05 on January 1st, 2024. Since then, SPX shares have decreased by 38.6% and is now trading at GBX 6,445.
View the best growth stocks for 2024 here
.

Spirax-Sarco Engineering plc (LON:SPX) announced its quarterly earnings data on Wednesday, August, 7th. The company reported $120.00 earnings per share for the quarter, missing the consensus estimate of $125.20 by $5.20. Spirax-Sarco Engineering had a trailing twelve-month return on equity of 16.87% and a net margin of 11.57%.

Shares of SPX 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.
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Based on aggregate information from My MarketBeat watchlists, some other companies that Spirax-Sarco Engineering investors own include Meta Platforms (META), NVIDIA (NVDA), Alibaba Group (BABA), Salesforce (CRM), Bank of America (BAC), Citigroup (C) and Chevron (CVX).

Company Calendar

Last Earnings
8/07/2019
Ex-Dividend for 11/15 Dividend
10/17/2024
Today
10/31/2024
Dividend Payable
11/15/2024

Industry, Sector and Symbol

Industry
Specialty Industrial Machinery
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
10,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 8,672.50
High Stock Price Target
GBX 9,960
Low Stock Price Target
GBX 7,000
Potential Upside/Downside
+34.6%
Consensus Rating
Reduce
Rating Score (0-4)
1.71
Research Coverage
7 Analysts

Profitability

Net Income
£191.90 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£1.66 billion
Cash Flow
GBX 234.50 per share
Book Value
GBX 1,573 per share

Miscellaneous

Free Float
N/A
Market Cap
£4.75 billion
Optionable
Not Optionable
Beta
0.68
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This page (LON:SPX) was last updated on 10/31/2024 by MarketBeat.com Staff
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