Oxford Instruments (LON:OXIG) Earns “Hold” Rating from Jefferies Financial Group

Oxford Instruments (LON:OXIG)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Financial Group in a report issued on Wednesday, Digital Look reports. They currently have a GBX 3,000 price target on the stock. Jefferies Financial Group‘s target price would indicate a potential upside of 14.42% from the stock’s previous close.

Several other analysts also recently weighed in on the company. JPMorgan Chase & Co. boosted their price target on Oxford Instruments from GBX 3,200 to GBX 3,400 and gave the company an “overweight” rating in a research note on Thursday, September 10th. Berenberg Bank reduced their price objective on Oxford Instruments from GBX 3,000 to GBX 2,840 and set a “hold” rating for the company in a research note on Wednesday, October 14th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Oxford Instruments presently has an average rating of “Moderate Buy” and an average price target of GBX 2,948.

Oxford Instruments Stock Performance

OXIG stock opened at GBX 2,622 on Wednesday. Oxford Instruments has a one year low of GBX 1,850 and a one year high of GBX 3,318. The firm has a market cap of £1.43 billion, a price-to-earnings ratio of 31.33, a PEG ratio of -3.56 and a beta of 1.09. The company has a debt-to-equity ratio of 13.08, a quick ratio of 1.11 and a current ratio of 1.83. The firm has a 50-day simple moving average of GBX 2,764.23 and a two-hundred day simple moving average of GBX 2,776.04.

Oxford Instruments (LON:OXIG) last posted its quarterly earnings data on Tuesday, November 10th. The company reported GBX 42.60 earnings per share (EPS) for the quarter. Oxford Instruments had a net margin of 11.39% and a return on equity of 13.94%. The firm had revenue of £201.10 million for the quarter. On average, equities analysts forecast that Oxford Instruments will post 117.71 EPS for the current fiscal year.

Insider Transactions at Oxford Instruments

In related news, insider Richard Tyson acquired 65 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was bought at an average cost of GBX 2,731 per share, with a total value of £1,775.15. Also, insider Paul Fry acquired 66 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were acquired at an average cost of GBX 2,731 per share, for a total transaction of £1,802.46. Insiders own 1.56% of the company’s stock.

About Oxford Instruments

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. The vigorous search for new ways to make our world greener, healthier and more productive is driving unprecedented levels of R&D investment in new materials and techniques to support productivity and decarbonisation worldwide, creating a significant opportunity for Oxford Instruments to grow.