Spectris (LON:SXS) Posts Quarterly Earnings Results

Spectris (LON:SXS) posted its quarterly earnings data on Friday. The company reported GBX 148.10 ($1.87) earnings per share (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 Stock Performance

LON SXS traded down GBX 4 ($0.05) on Friday, reaching GBX 2,878 ($36.27). 524,058 shares of the stock were exchanged, 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 one year low of GBX 2,370 ($29.87) and a one year high of GBX 3,611.45 ($45.52). The company’s 50-day simple moving average is GBX 2,767.12 and its two-hundred day simple moving average is GBX 2,698.99. The firm has a market capitalization of £2.87 billion, a PE ratio of 10.66, a PEG ratio of 2.74 and a beta of 0.61.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Spectris in a research note on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average 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.