Judges Scientific (LON:JDG) Posts Earnings Results

Judges Scientific (LON:JDGGet Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX 39 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Judges Scientific had a return on equity of 6.24% and a net margin of 3.77%.

Judges Scientific Stock Performance

LON JDG opened at GBX 3,700 on Thursday. The company has a quick ratio of 0.65, a current ratio of 2.39 and a debt-to-equity ratio of 77.90. The company has a 50-day simple moving average of GBX 4,175.68 and a two-hundred day simple moving average of GBX 4,380.09. Judges Scientific has a 12-month low of GBX 3,480 and a 12-month high of GBX 6,380. The firm has a market cap of £246.46 million, a price-to-earnings ratio of 45.45, a PEG ratio of 0.56 and a beta of 0.69.

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Analyst Upgrades and Downgrades

A number of brokerages have commented on JDG. Shore Capital Group reaffirmed a “house stock” rating on shares of Judges Scientific in a research note on Thursday, July 23rd. Berenberg Bank reiterated a “buy” rating and set a GBX 5,600 price objective on shares of Judges Scientific in a research report on Wednesday. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 6,490.

View Our Latest Analysis on Judges Scientific

Insider Buying and Selling

In other Judges Scientific news, insider Ralph Elman acquired 122 shares of the firm’s stock in a transaction dated Friday, July 17th. The stock was purchased at an average price of GBX 4,917 per share, for a total transaction of £5,998.74. Also, insider Bradley Leonard Ormsby acquired 63 shares of the stock in a transaction that occurred on Friday, July 17th. The shares were bought at an average price of GBX 4,917 per share, with a total value of £3,097.71. Company insiders own 9.92% of the company’s stock.

Judges Scientific Company Profile

(Get Free Report)

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 23 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen’s Awards for innovation and export.

The Group’s companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins.

Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash.

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Earnings History for Judges Scientific (LON:JDG)

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