Smiths Group (LON:SMIN) Issues Quarterly Earnings Results

Smiths Group (LON:SMIN) issued its quarterly earnings data on Tuesday. The company reported GBX 55.50 ($0.72) earnings per share (EPS) 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

Smiths Group stock opened at GBX 1,992 ($25.79) on Wednesday. Smiths Group has a fifty-two week low of GBX 1,514.66 ($19.61) and a fifty-two week high of GBX 2,188 ($28.33). The stock’s 50 day simple moving average is GBX 1,985.63 and its two-hundred day simple moving average is GBX 1,802.37. The company has a debt-to-equity ratio of 29.55, a quick ratio of 1.29 and a current ratio of 2.07. The stock has a market cap of £6.79 billion, a price-to-earnings ratio of 27.67, a PEG ratio of 0.35 and a beta of 0.66.

Smiths Group Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 10th will be paid a GBX 36 ($0.47) dividend. This is an increase from Smiths Group’s previous dividend of $30.20. This represents a yield of 0.71%. The ex-dividend date of this dividend is Thursday, April 10th. Smiths Group’s dividend payout ratio is presently 61.13%.

Insider Transactions at Smiths Group

In other news, insider Richard Howes purchased 87 shares of Smiths Group stock in a transaction that occurred on Monday, February 3rd. The shares were bought at an average cost of GBX 2,030 ($26.28) per share, with a total value of £1,766.10 ($2,286.51). Corporate insiders own 0.61% of the company’s stock.

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.