Spectris (LON:SXS) announced its earnings results on Monday. The company reported GBX 145.10 ($2.00) EPS for the quarter, topping the consensus estimate of GBX 133.40 ($1.84) by GBX 11.70 ($0.16), Bloomberg Earnings reports. The business had revenue of £15,256 billion during the quarter. Spectris had a net margin of 4.49% and a return on equity of 6.02%.
Shares of Spectris (LON SXS) opened at GBX 2,796 ($38.63) on Tuesday. Spectris has a 12 month low of GBX 2,225 ($30.74) and a 12 month high of GBX 2,869 ($39.64). The firm has a market cap of $3,330.00 and a PE ratio of 1,377.34.
SXS has been the subject of several research analyst reports. Liberum Capital reaffirmed a “buy” rating and set a GBX 2,880 ($39.79) target price on shares of Spectris in a report on Friday, January 26th. Shore Capital reaffirmed a “buy” rating on shares of Spectris in a report on Friday, January 26th. Deutsche Bank reaffirmed a “buy” rating and set a GBX 2,860 ($39.51) target price on shares of Spectris in a report on Monday, December 4th. Goldman Sachs Group initiated coverage on shares of Spectris in a report on Wednesday, December 13th. They set a “buy” rating and a GBX 2,900 ($40.07) target price for the company. Finally, Peel Hunt reaffirmed a “hold” rating and set a GBX 2,585 ($35.71) target price on shares of Spectris in a report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 2,717.08 ($37.54).
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Spectris plc is a supplier of productivity-enhancing instruments and controls. It operates through four segments: Materials Analysis, Test and Measurement, In-Line Instrumentation and Industrial Controls. The Materials Analysis segment provides products and services that determine structure, composition, quantity and quality of particles and materials, during research and product development processes.
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