Filtronic (LON:FTC – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a research report issued on Friday, Digital Look reports. They currently have a GBX 440 price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 64.32% from the company’s previous close.
Filtronic Stock Performance
Shares of FTC opened at GBX 267.77 on Friday. The company has a market capitalization of £875.14 million, a PE ratio of 150.43 and a beta of 1.02. The company has a debt-to-equity ratio of 13.80, a current ratio of 1.89 and a quick ratio of 2.13. Filtronic has a one year low of GBX 117.90 and a one year high of GBX 480. The company’s fifty day moving average price is GBX 243.06 and its 200 day moving average price is GBX 272.45.
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 (EPS) for the quarter. Filtronic had a net margin of 8.21% and a return on equity of 11.47%. As a group, analysts expect that Filtronic will post 3.0730129 earnings per share 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.
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