Judges Scientific’s (JDG) “House Stock” Rating Reiterated at Shore Capital

Shore Capital restated their house stock rating on shares of Judges Scientific (LON:JDG) in a research note published on Wednesday morning, Marketbeat reports.

Separately, Berenberg Bank reduced their price objective on shares of Judges Scientific from £124 ($160.10) to £113.10 ($146.03) and set a “buy” rating on the stock in a research note on Tuesday, November 19th.

Judges Scientific Trading Up 1.6 %

Shares of Judges Scientific stock opened at GBX 7,520 ($97.09) on Wednesday. The company has a market capitalization of £493.70 million, a price-to-earnings ratio of 33.06, a PEG ratio of 0.56 and a beta of 0.83. The company has a quick ratio of 0.65, a current ratio of 1.97 and a debt-to-equity ratio of 70.79. Judges Scientific has a 12-month low of GBX 6,760 ($87.28) and a 12-month high of £122.50 ($158.17). The firm’s 50-day moving average price is GBX 7,480.77 and its two-hundred day moving average price is GBX 8,635.73.

Judges Scientific (LON:JDG) last announced its quarterly earnings data on Wednesday, March 19th. The company reported GBX 283.40 ($3.66) earnings per share (EPS) for the quarter. Judges Scientific had a net margin of 10.99% and a return on equity of 17.56%. On average, analysts forecast that Judges Scientific will post 402.5824271 earnings per share for the current fiscal year.

Judges Scientific Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 11th. Stockholders of record on Thursday, June 12th will be paid a GBX 74.80 ($0.97) dividend. This is an increase from Judges Scientific’s previous dividend of $29.70. This represents a dividend yield of 1.01%. The ex-dividend date of this dividend is Thursday, June 12th. Judges Scientific’s dividend payout ratio (DPR) is presently 43.09%.

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.