Spectris (LON:SXS) Issues Earnings Results

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

Spectris Trading Down 0.1 %

SXS stock traded down GBX 4 ($0.05) during midday trading on Friday, hitting GBX 2,878 ($36.27). The company had a trading volume of 524,058 shares, compared to its average volume of 453,294. The company has a current ratio of 2.36, a quick ratio of 1.03 and a debt-to-equity ratio of 4.37. 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 stock has a market cap of £2.87 billion, a price-to-earnings ratio of 10.66, a PEG ratio of 2.74 and a beta of 0.61. The stock’s 50 day moving average price is GBX 2,767.12 and its 200 day moving average price is GBX 2,698.99.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of Spectris in a research note on Thursday, January 23rd. One research analyst has rated the stock with a sell rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.