Spectris (LON:SXS) Releases Earnings Results

Spectris (LON:SXS) posted its earnings results on Friday. The company reported GBX 148.10 ($1.87) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Spectris had a net margin of 20.44% and a return on equity of 20.13%.

Spectris Stock Down 0.1 %

Shares of SXS traded down GBX 4 ($0.05) during mid-day trading on Friday, hitting GBX 2,878 ($36.27). 524,058 shares of the company’s stock were exchanged, compared to its average volume of 453,294. The company has a market cap of £2.87 billion, a PE ratio of 10.66, a P/E/G ratio of 2.74 and a beta of 0.61. Spectris has a 52 week low of GBX 2,370 ($29.87) and a 52 week high of GBX 3,611.45 ($45.52). The company has a 50-day simple moving average of GBX 2,767.12 and a 200 day simple moving average of GBX 2,698.99. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of Spectris in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 4,707.50 ($59.33).

About Spectris

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.