Filtronic (LON:FTC – Get Free Report)‘s stock had its “buy” rating reissued by analysts at Berenberg Bank in a research note issued on Friday, Digital Look reports. They currently have a GBX 440 price target on the stock. Berenberg Bank’s target price suggests a potential upside of 64.32% from the stock’s current price.
Filtronic Stock Performance
LON FTC opened at GBX 267.77 on Friday. Filtronic has a 52-week low of GBX 117.90 and a 52-week high of GBX 480. The company has a fifty day moving average of GBX 243.06 and a 200-day moving average of GBX 272.45. The company has a market capitalization of £875.14 million, a P/E ratio of 150.43 and a beta of 1.02. The company has a debt-to-equity ratio of 13.80, a quick ratio of 2.13 and a current ratio of 1.89.
Filtronic (LON:FTC – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported GBX 2.07 earnings per share for the quarter. Filtronic had a return on equity of 11.47% and a net margin of 8.21%. As a group, equities research analysts predict that Filtronic will post 3.0730129 EPS for the current fiscal year.
About Filtronic
For leading global telecommunications, space, aerospace, and defence organisations, Filtronic provides the design and manufacturing of complex high-frequency, communication solutions. In today’s data-driven world, Filtronic excels in transmitting vast amounts of analog data quickly and accurately over long distances. Our advanced solutions enhance connectivity, optimise bandwidth, and minimise latency. As pioneers in high-frequency mmWave technology, we tackle the toughest challenges in the market, which is why global tech leaders choose Filtronic for unmatched expertise and innovative solutions.
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