Shares of Smiths Group plc (LON:SMIN) were down 0.8% during mid-day trading on Tuesday . The stock traded as low as GBX 1,546 ($20.40) and last traded at GBX 1,560 ($20.59). Approximately 1,282,793 shares traded hands during mid-day trading, an increase of 8% from the average daily volume of 1,190,720 shares. The stock had previously closed at GBX 1,573 ($20.76).

Several analysts have issued reports on SMIN shares. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a GBX 1,850 ($24.41) price objective on shares of Smiths Group plc in a research report on Friday, September 22nd. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 1,730 ($22.83) price objective on shares of Smiths Group plc in a research report on Tuesday, September 19th. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 1,900 ($25.07) price objective on shares of Smiths Group plc in a research report on Friday, September 29th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 1,600 ($21.11) price objective on shares of Smiths Group plc in a research report on Monday, September 25th. Finally, BNP Paribas reaffirmed a “neutral” rating and issued a GBX 1,630 ($21.51) price objective on shares of Smiths Group plc in a research report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of GBX 1,664 ($21.96).

The stock’s market cap is GBX 6.17 billion. The stock has a 50-day moving average of GBX 1,579.19 and a 200 day moving average of GBX 1,593.37.

Smiths Group plc (LON:SMIN) last released its quarterly earnings data on Friday, September 22nd. The company reported GBX 97.60 ($1.29) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of GBX 94.20 ($1.24) by GBX 3.40 ($0.04). The business had revenue of GBX 328 billion for the quarter. Smiths Group plc had a return on equity of 27.36% and a net margin of 16.18%. On average, equities analysts predict that Smiths Group plc will post $95.47 EPS for the current fiscal year.

The company also recently disclosed a dividend, which will be paid on Friday, November 17th. Stockholders of record on Thursday, October 19th will be given a dividend of GBX 29.70 ($0.39) per share. The ex-dividend date is Thursday, October 19th. This is a boost from Smiths Group plc’s previous dividend of $13.55. This represents a dividend yield of 1.94%.

In other news, insider George Buckley acquired 431 shares of the stock in a transaction dated Tuesday, August 1st. The shares were acquired at an average cost of GBX 1,544 ($20.37) per share, for a total transaction of £6,654.64 ($8,781.53).

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About Smiths Group plc

Smiths Group plc is a technology company. The Company operates in five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. The John Crane division offers mechanical seals, seal support systems, engineered bearings and power transmission couplings, among others. The Smiths Medical division offers infusion systems, vascular access (including safety needles), patient airway and temperature management equipment, and specialty devices in areas of in vitro fertilization, diagnostics and emergency patient transport.

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