Smiths Group (LON:SMIN) Issues Earnings Results

Smiths Group (LON:SMIN) announced its earnings results on Tuesday. The company reported GBX 55.50 ($0.72) earnings per share for the quarter, Digital Look Earnings reports. Smiths Group had a net margin of 7.98% and a return on equity of 11.54%.

Smiths Group Stock Performance

LON:SMIN opened at GBX 2,028 ($26.20) on Tuesday. Smiths Group has a 1-year low of GBX 1,514.66 ($19.57) and a 1-year high of GBX 2,188 ($28.27). The firm has a 50 day simple moving average of GBX 1,979.67 and a 200-day simple moving average of GBX 1,800.52. The firm has a market cap of £6.91 billion, a PE ratio of 28.18, a P/E/G ratio of 0.35 and a beta of 0.66. The company has a debt-to-equity ratio of 29.55, a current ratio of 2.07 and a quick ratio of 1.29.

Insiders Place Their Bets

In other Smiths Group news, insider Richard Howes purchased 87 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were purchased at an average cost of GBX 2,030 ($26.23) per share, with a total value of £1,766.10 ($2,282.08). 0.61% of the stock is owned by corporate insiders.

Smiths Group Company Profile

Smiths Group plc operates as an industrial technology 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 offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.