Smiths Group plc (SMIN.L) – What Are Analysts Thinking About This Stock?

Smiths Group plc (LON:SMIN) has been given a consensus recommendation of “Moderate Buy” by the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 2,910.

SMIN has been the topic of several analyst reports. Berenberg Bank boosted their price target on shares of Smiths Group from GBX 3,000 to GBX 3,200 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. Jefferies Financial Group restated a “hold” rating and issued a GBX 2,750 price objective on shares of Smiths Group in a report on Wednesday, July 1st. JPMorgan Chase & Co. raised their price objective on Smiths Group from GBX 2,810 to GBX 3,100 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 2,500 target price on shares of Smiths Group in a research report on Wednesday, July 1st.

Insider Activity at Smiths Group

In related news, insider Richard Howes purchased 67 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was purchased at an average cost of GBX 2,658 per share, for a total transaction of £1,780.86. Also, insider Julian Fagge sold 26,686 shares of the firm’s stock in a transaction that occurred on Wednesday, October 21st. The shares were sold at an average price of GBX 2,668, for a total value of £711,982.48. Insiders own 0.81% of the company’s stock.

Smiths Group Stock Performance

Shares of SMIN stock opened at GBX 2,633 on Friday. Smiths Group has a 12 month low of GBX 2,088 and a 12 month high of GBX 2,885. The company’s fifty day simple moving average is GBX 2,657.51 and its 200-day simple moving average is GBX 2,585.84. The firm has a market cap of £7.37 billion, a PE ratio of 4.20, a P/E/G ratio of 0.35 and a beta of 0.74. The company has a quick ratio of 1.29, a current ratio of 2.77 and a debt-to-equity ratio of 46.28.

Smiths Group (LON:SMIN) last released its earnings results on Tuesday, September 22nd. The company reported GBX 49.50 earnings per share for the quarter. Smiths Group had a net margin of 101.70% and a return on equity of 92.97%. Equities research analysts expect that Smiths Group will post 85.13 EPS for the current fiscal year.

About Smiths Group

For 175 years, we have been pioneers of progress, engineering a better future. Our strategy is to be a focused, efficient and value creating industrial engineering company operating in the attractive and growing market segments of flow control, thermal solutions, construction and aerospace.

We focus on solving the toughest problems for our customers, helping address critical global needs such as decarbonisation and the ever-increasing demand for process and energy efficiency.

We are pioneers of progress.