Smiths Group (LON:SMIN) Insider Buys £1,772.40 in Stock

Smiths Group plc (LON:SMIN) insider Richard Howes bought 70 shares of the company’s stock in a transaction on Friday, May 1st. The stock was bought at an average price of GBX 2,532 per share, for a total transaction of £1,772.40.

Richard Howes also recently made the following trade(s):

• On Monday, February 2nd, Richard Howes purchased 70 shares of Smiths Group stock. The shares were bought at an average price of GBX 2,496 per share, with a total value of £1,747.20.

Smiths Group Stock Performance

Shares of LON:SMIN traded down GBX 6 during mid-day trading on Friday, reaching GBX 2,538. The company had a trading volume of 780,253 shares, compared to its average volume of 8,595,216. Smiths Group plc has a one year low of GBX 1,890 and a one year high of GBX 2,746. The company has a current ratio of 3.04, a quick ratio of 1.29 and a debt-to-equity ratio of 73.19. The company’s 50-day moving average price is GBX 2,491.58 and its 200-day moving average price is GBX 2,479.91. The firm has a market cap of £7.74 billion, a price-to-earnings ratio of 33.05, a PEG ratio of 0.35 and a beta of 0.70.

Smiths Group (LON:SMIN) last announced its quarterly earnings data on Friday, March 20th. The company reported GBX 62 earnings per share for the quarter. Smiths Group had a return on equity of 13.71% and a net margin of 11.39%. As a group, equities research analysts anticipate that Smiths Group plc will post 85.1295337 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently weighed in on SMIN. Citigroup lifted their price objective on Smiths Group from GBX 2,950 to GBX 3,040 and gave the stock an “overweight” rating in a report on Tuesday, January 27th. Royal Bank Of Canada upped their price objective on shares of Smiths Group from GBX 3,500 to GBX 4,300 and gave the company a “buy” rating in a report on Thursday, January 29th. Finally, JPMorgan Chase & Co. cut their target price on shares of Smiths Group from GBX 3,040 to GBX 2,830 and set an “overweight” rating for the company in a research report on Monday, March 23rd. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 3,158.

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. The Smiths Detection business provides sensors and systems that detect and identify explosives, narcotics, weapons, chemical agents, biohazards, and contraband.