Judges Scientific (LON:JDG) Releases Earnings Results

Judges Scientific (LON:JDG) released its earnings results on Wednesday. The company reported GBX 283.40 ($3.67) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Judges Scientific had a return on equity of 17.56% and a net margin of 10.99%.

Judges Scientific Stock Up 1.1 %

JDG opened at GBX 7,477.77 ($96.96) on Friday. Judges Scientific has a 12 month low of GBX 6,760 ($87.66) and a 12 month high of £122.50 ($158.84). The company has a market cap of £490.93 million, a PE ratio of 32.88, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.79. The company has a 50 day moving average of GBX 7,487.57 and a 200 day moving average of GBX 8,655.26.

Judges Scientific Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 11th. Stockholders of record on Thursday, June 12th will be given a GBX 74.80 ($0.97) dividend. The ex-dividend date of this dividend is Thursday, June 12th. This represents a dividend yield of 1.01%. This is a positive change from Judges Scientific’s previous dividend of $29.70. Judges Scientific’s payout ratio is 43.09%.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Judges Scientific in a research note on Wednesday.

About Judges Scientific

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 22 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities.