Spectris plc (LON:SXS) Receives Average Rating of “Moderate Buy” from Analysts

Spectris plc (LON:SXS) has been given an average recommendation of “Moderate Buy” by the seven analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 4,707.50 ($58.57).

Separately, Shore Capital reiterated a “buy” rating on shares of Spectris in a report on Thursday, January 23rd.

Insiders Place Their Bets

In other Spectris news, insider Alison Henwood purchased 19 shares of the stock in a transaction dated Tuesday, November 12th. The shares were bought at an average price of GBX 2,599 ($32.34) per share, with a total value of £493.81 ($614.42). Also, insider Mark Williamson purchased 12,116 shares of the stock in a transaction dated Tuesday, November 5th. The stock was acquired at an average cost of GBX 2,476 ($30.81) per share, for a total transaction of £299,992.16 ($373,263.85). Over the last 90 days, insiders have purchased 14,553 shares of company stock valued at $36,045,861. Company insiders own 1.21% of the company’s stock.

Spectris Stock Down 1.2 %

Shares of LON SXS opened at GBX 2,916 ($36.28) on Thursday. The stock has a market capitalization of £2.88 billion, a P/E ratio of 1,088.06, a P/E/G ratio of 2.74 and a beta of 0.61. The company has a 50-day moving average price of GBX 2,552.34 and a 200-day moving average price of GBX 2,702.46. Spectris has a 1 year low of GBX 2,370 ($29.49) and a 1 year high of GBX 3,803 ($47.32). The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03.

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.