Smiths Group (LON:SMIN) Insider Karin Hoeing Purchases 224 Shares

Smiths Group plc (LON:SMIN) insider Karin Hoeing bought 224 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was acquired at an average cost of GBX 2,522 per share, with a total value of £5,649.28.

Smiths Group Trading Up 0.6%

LON:SMIN traded up GBX 16 on Monday, reaching GBX 2,534. The company’s stock had a trading volume of 492,999 shares, compared to its average volume of 2,663,899. Smiths Group plc has a 1-year low of GBX 1,514.66 and a 1-year high of GBX 2,550. The company has a debt-to-equity ratio of 29.55, a quick ratio of 1.29 and a current ratio of 2.07. The firm has a market cap of £8.23 billion, a PE ratio of 29.71, a PEG ratio of 0.35 and a beta of 0.66. The business’s 50-day moving average price is GBX 2,386.81 and its two-hundred day moving average price is GBX 2,250.15.

Smiths Group (LON:SMIN) last posted its earnings results on Tuesday, September 23rd. The company reported GBX 85.70 earnings per share (EPS) for the quarter. Smiths Group had a return on equity of 11.54% and a net margin of 7.98%. Equities research analysts anticipate that Smiths Group plc will post 85.1295337 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Smiths Group in a research report on Friday, October 17th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Smiths Group Company Profile

Smiths Group plc operates as an industrial engineering company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business engineers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.