Oxford Instruments (LON:OXIG) Posts Earnings Results

Oxford Instruments (LON:OXIG) posted its quarterly earnings data on Tuesday. The company reported GBX 33 earnings per share for the quarter, Digital Look Earnings reports. Oxford Instruments had a return on equity of 14.14% and a net margin of 10.78%.

Oxford Instruments Price Performance

Shares of OXIG stock opened at GBX 2,095 on Thursday. The stock’s fifty day simple moving average is GBX 1,882.24 and its 200 day simple moving average is GBX 1,859.52. Oxford Instruments has a one year low of GBX 1,470 and a one year high of GBX 2,200. The firm has a market cap of £1.19 billion, a price-to-earnings ratio of 47.29, a P/E/G ratio of -3.56 and a beta of 0.96. The company has a debt-to-equity ratio of 12.96, a current ratio of 1.64 and a quick ratio of 1.11.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on OXIG shares. Shore Capital reiterated a “buy” rating and set a GBX 2,600 price target on shares of Oxford Instruments in a report on Tuesday. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Oxford Instruments from GBX 2,550 to GBX 2,435 and set a “buy” rating on the stock in a research report on Monday, October 13th. JPMorgan Chase & Co. cut their price objective on shares of Oxford Instruments from GBX 2,700 to GBX 2,500 and set an “overweight” rating for the company in a research report on Tuesday, October 14th. Berenberg Bank decreased their target price on Oxford Instruments from GBX 2,500 to GBX 2,400 and set a “buy” rating on the stock in a research report on Wednesday, October 15th. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 2,400 price objective on shares of Oxford Instruments in a research report on Monday, October 13th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Oxford Instruments has a consensus rating of “Buy” and an average target price of GBX 2,467.

Insider Buying and Selling

In related news, insider Paul Fry purchased 98 shares of Oxford Instruments stock in a transaction that occurred on Wednesday, September 10th. The shares were acquired at an average price of GBX 1,824 per share, for a total transaction of £1,787.52. Also, insider Richard Tyson acquired 66 shares of the firm’s stock in a transaction on Wednesday, September 10th. The shares were bought at an average cost of GBX 1,824 per share, for a total transaction of £1,203.84. 1.45% of the stock is owned by corporate insiders.

Oxford Instruments Company Profile

Oxford Instruments provides academic and commercial organisations worldwide with market-leading scientific technology and expertise across its key market segments: materials analysis, semiconductor, and healthcare & life science.
Innovation is the driving force behind Oxford Instruments’ growth and success, supporting its core purpose to accelerate the breakthroughs that create a brighter future for our world.