Judges Scientific (LON:JDG) Announces Quarterly Earnings Results

Judges Scientific (LON:JDG) posted its quarterly earnings data on Wednesday. The company reported GBX 283.40 ($3.67) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Judges Scientific had a net margin of 10.99% and a return on equity of 17.56%.

Judges Scientific Stock Performance

Shares of Judges Scientific stock traded up GBX 200 ($2.59) on Friday, reaching GBX 7,600 ($98.55). 34,569 shares of the company traded hands, compared to its average volume of 20,310. The company has a debt-to-equity ratio of 70.79, a current ratio of 1.97 and a quick ratio of 0.65. The firm has a market capitalization of £498.95 million, a PE ratio of 33.41, a PEG ratio of 0.56 and a beta of 0.83. The company has a 50 day moving average of GBX 7,487.57 and a 200 day moving average of GBX 8,655.26. Judges Scientific has a 52 week low of GBX 6,760 ($87.66) and a 52 week high of £122.50 ($158.84).

Judges Scientific Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 11th. Shareholders of record on Thursday, June 12th will be given a GBX 74.80 ($0.97) dividend. This is a positive change from Judges Scientific’s previous dividend of $29.70. The ex-dividend date is Thursday, June 12th. This represents a yield of 1.01%. Judges Scientific’s payout ratio is currently 43.09%.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Judges Scientific in a report on Wednesday.

Judges Scientific Company Profile

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 22 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities.