A number of other brokerages also recently issued reports on SXS. Liberum Capital increased their price target on Spectris from GBX 2,830 ($39.10) to GBX 2,880 ($39.79) and gave the stock a buy rating in a research report on Friday, January 12th. Goldman Sachs Group started coverage on Spectris in a research report on Wednesday, December 13th. They set a buy rating and a GBX 2,900 ($40.07) price target on the stock. Shore Capital reiterated a buy rating on shares of Spectris in a research report on Thursday, December 14th. Numis Securities reiterated a reduce rating and set a GBX 2,100 ($29.01) price target on shares of Spectris in a research report on Wednesday, February 14th. Finally, JPMorgan Chase & Co. increased their target price on Spectris from GBX 2,800 ($38.68) to GBX 2,900 ($40.07) and gave the company an overweight rating in a report on Wednesday, February 7th. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of GBX 2,805.45 ($38.76).
Spectris (SXS) traded down GBX 3.70 ($0.05) during trading on Monday, reaching GBX 2,685.30 ($37.10). The company’s stock had a trading volume of 332,930 shares, compared to its average volume of 384,928. The stock has a market cap of $3,200.00 and a P/E ratio of 1,322.81. Spectris has a twelve month low of GBX 2,225 ($30.74) and a twelve month high of GBX 2,869 ($39.64).
Spectris (LON:SXS) last issued its earnings results on Monday, February 19th. The company reported GBX 145.10 ($2.00) EPS for the quarter, topping analysts’ consensus estimates of GBX 133.40 ($1.84) by GBX 11.70 ($0.16). Spectris had a return on equity of 37.36% and a net margin of 25.86%. The firm had revenue of GBX 152.56 billion for the quarter.
The firm also recently disclosed a dividend, which will be paid on Friday, June 29th. Investors of record on Thursday, May 24th will be given a GBX 37.50 ($0.52) dividend. This represents a yield of 1.36%. This is a positive change from Spectris’s previous dividend of $19.00. The ex-dividend date of this dividend is Thursday, May 24th.
Spectris Company Profile
Spectris plc is a supplier of productivity-enhancing instruments and controls. It operates through four segments: Materials Analysis, Test and Measurement, In-Line Instrumentation and Industrial Controls. The Materials Analysis segment provides products and services that determine structure, composition, quantity and quality of particles and materials, during research and product development processes.
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