Xaar (LON:XAR – Free Report) had its price objective increased by Berenberg Bank from GBX 140 to GBX 190 in a research report report published on Tuesday morning, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.
Xaar Trading Down 2.4%
LON:XAR opened at GBX 148.78 on Tuesday. The company has a quick ratio of 1.31, a current ratio of 2.23 and a debt-to-equity ratio of 14.77. The company has a market capitalization of £125.15 million, a PE ratio of -55.10, a price-to-earnings-growth ratio of 3.73 and a beta of 0.78. The stock has a fifty day simple moving average of GBX 136.17 and a 200-day simple moving average of GBX 125.84. Xaar has a 52-week low of GBX 96.33 and a 52-week high of GBX 165.
Xaar (LON:XAR – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported GBX (1.80) earnings per share (EPS) for the quarter. Xaar had a negative net margin of 3.36% and a negative return on equity of 3.80%. On average, equities research analysts expect that Xaar will post 4.97 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, insider Daniel Dayan bought 51,000 shares of the stock in a transaction dated Thursday, October 15th. The stock was acquired at an average price of GBX 148 per share, for a total transaction of £75,480. 2.74% of the stock is owned by company insiders.
Xaar Company Profile
Xaar plc designs, develops, manufactures, markets, and sells printheads and associated products in Europe, the Middle East, Africa, Asia, and the Americas. It operates through four segments: Printhead, Product Print Systems, Digital Imaging, and Ink Supply Systems segments. The company offers print head products; digital imaging solutions, comprising digital inkjet label presses and digital pathology scanners; industrial ink management and supply systems for digital inkjet; electronic products; industrial printing machines; and system components, such as ink system test kit, print manager, hydra ink supply system, midas ink supply system, inkjet development system, head personality card 1000, and 2001+ head personality card.
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