Spectris (LON:SXS) Releases Earnings Results

Spectris (LON:SXS) issued its earnings results on Friday. The company reported GBX 148.10 ($1.86) 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 Price Performance

Spectris stock opened at GBX 2,878 ($36.20) on Friday. Spectris has a 12-month low of GBX 2,370 ($29.81) and a 12-month high of GBX 3,611.45 ($45.42). The stock has a market cap of £2.87 billion, a P/E ratio of 10.66, a PEG ratio of 2.74 and a beta of 0.61. The company has a 50-day moving average price of GBX 2,775.68 and a 200 day moving average price of GBX 2,700.24. The company has a current ratio of 2.36, a quick ratio of 1.03 and a debt-to-equity ratio of 4.37.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 4,707.50 ($59.21).

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.