Insider Buying: Smiths Group (LON:SMIN) Insider Purchases £5,649.28 in Stock

Smiths Group plc (LON:SMIN) insider Karin Hoeing bought 224 shares of Smiths Group stock in a transaction dated Monday, November 3rd. The stock was purchased at an average price of GBX 2,522 per share, with a total value of £5,649.28.

Smiths Group Stock Performance

LON SMIN opened at GBX 2,550 on Thursday. Smiths Group plc has a 1 year low of GBX 1,514.66 and a 1 year high of GBX 2,552. The company has a debt-to-equity ratio of 29.55, a current ratio of 2.07 and a quick ratio of 1.29. The firm has a market cap of £8.26 billion, a price-to-earnings ratio of 29.89, a PEG ratio of 0.35 and a beta of 0.66. The company has a fifty day moving average price of GBX 2,396.81 and a 200-day moving average price of GBX 2,262.57.

Smiths Group (LON:SMIN) last posted its earnings results on Tuesday, September 23rd. The company reported GBX 85.70 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 research analysts predict that Smiths Group plc will post 85.1295337 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Smiths Group in a research note on Friday, October 17th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy”.

About Smiths Group

Smiths Group plc operates as an industrial engineering 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 engineers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.