Filtronic (LON:FTC – Get Free Report)‘s stock had its “buy” rating reaffirmed by Berenberg Bank in a report released on Friday, Digital Look reports. They presently have a GBX 440 target price on the stock. Berenberg Bank’s price objective indicates a potential upside of 64.32% from the stock’s current price.
Filtronic Stock Up 4.2%
FTC opened at GBX 267.77 on Friday. The business’s 50-day simple moving average is GBX 243.06 and its 200-day simple moving average is GBX 272.45. 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 has a one year low of GBX 117.90 and a one year high of GBX 480. The stock has a market capitalization of £875.14 million, a P/E ratio of 150.43 and a beta of 1.02.
Filtronic (LON:FTC – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported GBX 2.07 EPS for the quarter. Filtronic had a net margin of 8.21% and a return on equity of 11.47%. Analysts anticipate that Filtronic will post 3.0730129 EPS for the current 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.
Featured Stories
- Five stocks we like better than Filtronic
- Carnival and CarMax Pop on Strong Earnings, but Challenges Remain
- 3 Income Stocks Under $30 That Yield More Than the 10-Year Treasury Note
- 3 AI Winners, 3 Very Different Paths to Higher Margins
- Plexus Is Booming—But Can the Growth Story Last?
Receive News & Ratings for Filtronic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Filtronic and related companies with MarketBeat.com's FREE daily email newsletter.
