Judges Scientific (LON:JDG) Posts Quarterly Earnings Results

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

Judges Scientific Price Performance

Judges Scientific stock traded up GBX 100 ($1.30) during midday trading on Friday, hitting GBX 7,500 ($97.25). 32,327 shares of the company’s stock were exchanged, compared to its average volume of 20,188. Judges Scientific has a 52-week low of GBX 6,760 ($87.66) and a 52-week high of £122.50 ($158.84). The stock has a 50-day moving average price of GBX 7,487.57 and a two-hundred day moving average price of GBX 8,655.26. The company has a debt-to-equity ratio of 70.79, a quick ratio of 0.65 and a current ratio of 1.97. The company has a market cap of £492.39 million, a P/E ratio of 32.97, a PEG ratio of 0.56 and a beta of 0.83.

Judges Scientific Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 11th. Investors of record on Thursday, June 12th will be given a dividend of GBX 74.80 ($0.97) per share. This represents a yield of 1.01%. This is a boost from Judges Scientific’s previous dividend of $29.70. The ex-dividend date of this dividend is Thursday, June 12th. Judges Scientific’s payout ratio is presently 43.09%.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a research 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.