Spectris (LON:SXS) Announces Quarterly Earnings Results

Spectris (LON:SXS) posted its earnings results on Friday. The company reported GBX 148.10 ($1.87) earnings per share for the quarter, Digital Look Earnings reports. Spectris had a return on equity of 20.13% and a net margin of 20.44%.

Spectris Trading Down 0.1 %

Shares of SXS traded down GBX 4 ($0.05) during trading hours on Friday, hitting GBX 2,878 ($36.27). 524,058 shares of the stock were exchanged, compared to its average volume of 453,294. Spectris has a fifty-two week low of GBX 2,370 ($29.87) and a fifty-two week high of GBX 3,611.45 ($45.52). The business has a 50-day moving average of GBX 2,767.12 and a 200-day moving average of GBX 2,698.99. The firm has a market capitalization of £2.87 billion, a P/E ratio of 10.66, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03.

Wall Street Analyst Weigh In

Separately, Shore Capital restated 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 issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,707.50 ($59.33).

Spectris Company Profile

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.