Smiths Group (SMIN) Stock Price Down 0%

Smiths Group plc (LON:SMIN) fell 0% during trading on Thursday . The company traded as low as GBX 1,451 ($19.53) and last traded at GBX 1,456 ($19.60). 1,300,965 shares changed hands during mid-day trading, an increase of 26% from the average session volume of 1,030,000 shares. The stock had previously closed at GBX 1,456 ($19.60).

SMIN has been the subject of a number of research analyst reports. Numis Securities reissued a “hold” rating and issued a GBX 1,600 ($21.53) target price on shares of Smiths Group in a research note on Tuesday. Credit Suisse Group reissued an “outperform” rating on shares of Smiths Group in a research note on Friday, October 13th. reissued a “buy” rating and issued a GBX 1,900 ($25.57) target price on shares of Smiths Group in a research note on Friday, September 29th. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,800 ($24.23) target price on shares of Smiths Group in a research note on Wednesday, November 15th. Finally, Goldman Sachs Group reissued a “buy” rating and issued a GBX 1,850 ($24.90) target price on shares of Smiths Group in a research note on Friday, September 22nd. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Smiths Group currently has an average rating of “Buy” and an average price target of GBX 1,754.38 ($23.61).

Smiths Group (LON:SMIN) last posted its quarterly earnings data on Friday, September 22nd. The company reported GBX 97.60 ($1.31) earnings per share for the quarter, topping the consensus estimate of GBX 94.20 ($1.27) by GBX 3.40 ($0.05). The company had revenue of GBX 328 billion during the quarter. Smiths Group had a return on equity of 27.36% and a net margin of 16.17%.

The company also recently disclosed a dividend, which was paid on Friday, November 17th. Stockholders of record on Thursday, October 19th were given a dividend of GBX 29.70 ($0.40) per share. This is a boost from Smiths Group’s previous dividend of $13.55. This represents a dividend yield of 1.94%. The ex-dividend date was Thursday, October 19th.

In other news, insider George Buckley acquired 1,111 shares of Smiths Group stock in a transaction dated Wednesday, November 1st. The stock was bought at an average cost of GBX 1,577 ($21.22) per share, with a total value of £17,520.47 ($23,580.71).

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About Smiths Group

Smiths Group plc is a technology company. The Company operates in five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. The John Crane division offers mechanical seals, seal support systems, engineered bearings and power transmission couplings, among others. The Smiths Medical division offers infusion systems, vascular access (including safety needles), patient airway and temperature management equipment, and specialty devices in areas of in vitro fertilization, diagnostics and emergency patient transport.

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