Smiths Group (LON:SMIN) Sets New 1-Year High - What's Next?
Smiths Group (LON:SMIN) reached a new 52-week high of GBX 2,248 ($30.46) on Tuesday, closing at GBX 2,246 ($30.44). The company has a market cap of £7.59 billion and reported an EPS of GBX 55.50 ($0.75) for the last quarter. Smiths Group recently increased its dividend to GBX 36 ($0.49), yielding 0.71%. Analysts expect an EPS of 85.13 for the current year. Despite a Buy rating, Smiths Group is not among the top five stocks recommended by analysts at this time.
Smiths Group plc (LON:SMIN - Get Free Report)'s stock price hit a new 52-week high on Tuesday . The company traded as high as GBX 2,248 ($30.46) and last traded at GBX 2,246 ($30.44), with a volume of 573368 shares. The stock had previously closed at GBX 2,224 ($30.14).
Smiths Group Stock Performance
The stock's 50-day moving average price is GBX 1,954.99 and its 200-day moving average price is GBX 1,908.98. The company has a current ratio of 2.07, a quick ratio of 1.29 and a debt-to-equity ratio of 29.55. The company has a market capitalization of £7.59 billion, a P/E ratio of 30.95, a P/E/G ratio of 0.35 and a beta of 0.66.
Smiths Group (LON:SMIN - Get Free Report) last issued its earnings results on Tuesday, March 25th. The company reported GBX 55.50 ($0.75) earnings per share (EPS) for the quarter. Smiths Group had a net margin of 7.98% and a return on equity of 11.54%. As a group, equities analysts expect that Smiths Group plc will post 85.1295337 EPS for the current year.
Smiths Group Increases Dividend
The company also recently disclosed a dividend, which was paid on Thursday, April 17th. Investors of record on Thursday, April 10th were given a GBX 36 ($0.49) dividend. The ex-dividend date was Thursday, April 10th. This is an increase from Smiths Group's previous dividend of $30.20. This represents a yield of 0.71%. Smiths Group's dividend payout ratio (DPR) is currently 61.13%.
Insiders Place Their Bets
In related news, insider Richard Howes acquired 95 shares of Smiths Group stock in a transaction that occurred on Thursday, May 1st. The stock was acquired at an average price of GBX 1,859 ($25.19) per share, with a total value of £1,766.05 ($2,393.35). 0.61% of the stock is owned by insiders.
Smiths Group Company Profile
(Get Free Report)Smiths Group plc operates as an industrial technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.
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