Judges Scientific’s (JDG) House Stock Rating Reiterated at Shore Capital

Shore Capital reiterated their house stock rating on shares of Judges Scientific (LON:JDG) in a research note issued to investors on Wednesday, Marketbeat Ratings reports.

Separately, Berenberg Bank restated a “buy” rating and set a £106 ($140.94) target price on shares of Judges Scientific in a report on Wednesday, March 26th.

Judges Scientific Stock Down 0.9 %

Shares of LON JDG opened at GBX 6,540 ($86.96) on Wednesday. The firm has a fifty day simple moving average of GBX 7,442.57 and a two-hundred day simple moving average of GBX 8,174.63. The firm has a market capitalization of £429.36 million, a PE ratio of 28.75, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. The company has a current ratio of 1.97, a quick ratio of 0.65 and a debt-to-equity ratio of 70.79. Judges Scientific has a 12 month low of GBX 6,368.40 ($84.67) and a 12 month high of £122.50 ($162.88).

Judges Scientific (LON:JDG) last posted its quarterly earnings data on Wednesday, March 19th. The company reported GBX 283.40 ($3.77) earnings per share for the quarter. Judges Scientific had a return on equity of 17.56% and a net margin of 10.99%. Equities analysts expect that Judges Scientific will post 402.5824271 earnings per share for the current year.

Judges Scientific Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, July 11th. Shareholders of record on Thursday, June 12th will be issued a GBX 74.80 ($0.99) dividend. This represents a yield of 1.01%. This is an increase from Judges Scientific’s previous dividend of $29.70. The ex-dividend date of this dividend is Thursday, June 12th. Judges Scientific’s payout ratio is 43.09%.

Insider Activity

In other news, insider Tim Prestidge purchased 511 shares of the business’s stock in a transaction dated Thursday, April 3rd. The shares were purchased at an average price of GBX 7,502 ($99.75) per share, for a total transaction of £38,335.22 ($50,970.91). Corporate insiders own 18.75% of the company’s stock.

About Judges Scientific

Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 22 businesses acquired since 2005.

The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities.