Smiths Group (LON:SMIN) Releases Quarterly Earnings Results

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

Smiths Group Stock Performance

Shares of SMIN stock opened at GBX 1,992 ($25.79) on Wednesday. The company has a market capitalization of £6.79 billion, a P/E ratio of 27.67, a PEG ratio of 0.35 and a beta of 0.66. 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 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 50 day moving average price of GBX 1,985.63 and a two-hundred day moving average price of GBX 1,802.37.

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 given a dividend of GBX 36 ($0.47) per share. This represents a yield of 0.71%. This is a positive change from Smiths Group’s previous dividend of $30.20. The ex-dividend date is Thursday, April 10th. Smiths Group’s dividend payout ratio (DPR) is presently 61.13%.

Insider Transactions at Smiths Group

In other news, insider Richard Howes bought 87 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was bought at an average cost of GBX 2,030 ($26.28) per share, for a total transaction of £1,766.10 ($2,286.51). Company insiders own 0.61% of the company’s stock.

About Smiths Group

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.