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

Shore Capital reissued their house stock rating on shares of Judges Scientific (LON:JDG) in a report issued on Wednesday, Marketbeat Ratings reports.

Separately, Berenberg Bank cut their target price on shares of Judges Scientific from £124 ($160.10) to £113.10 ($146.03) and set a “buy” rating on the stock in a research report on Tuesday, November 19th.

Judges Scientific Stock Up 1.6 %

LON:JDG opened at GBX 7,520 ($97.09) on Wednesday. The firm’s 50 day simple moving average is GBX 7,480.77 and its 200 day simple moving average is GBX 8,635.73. The company has a debt-to-equity ratio of 70.79, a current ratio of 1.97 and a quick ratio of 0.65. Judges Scientific has a one year low of GBX 6,760 ($87.28) and a one year high of £122.50 ($158.17). The company has a market cap of £493.70 million, a PE ratio of 33.06, a P/E/G ratio of 0.56 and a beta of 0.83.

Judges Scientific (LON:JDG) last posted its earnings results on Wednesday, March 19th. The company reported GBX 283.40 ($3.66) EPS for the quarter. Judges Scientific had a net margin of 10.99% and a return on equity of 17.56%. On average, research analysts anticipate that Judges Scientific will post 402.5824271 earnings per share for the current year.

Judges Scientific Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 11th. Shareholders of record on Thursday, June 12th will be issued a dividend of GBX 74.80 ($0.97) per share. This is a positive change from Judges Scientific’s previous dividend of $29.70. The ex-dividend date of this dividend is Thursday, June 12th. This represents a yield of 1.01%. Judges Scientific’s dividend payout ratio (DPR) is presently 43.09%.

Judges Scientific Company Profile

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.