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SPX Spirax Group Plc

7,195.00
-185.00 (-2.51%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Spirax Group Plc LSE:SPX London Ordinary Share GB00BWFGQN14 ORD 26 12/13P
  Price Change % Change Share Price Shares Traded Last Trade
  -185.00 -2.51% 7,195.00 128,581 16:29:57
Bid Price Offer Price High Price Low Price Open Price
7,190.00 7,200.00 7,390.00 7,180.00 7,365.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Automatic Regulatng Controls 1.68B 183.6M 2.4947 28.84 5.43B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:11 O 87 7,195.00 GBX

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Posted at 15/12/2024 08:20 by Spirax Daily Update
Spirax Group Plc is listed in the Automatic Regulatng Controls sector of the London Stock Exchange with ticker SPX. The last closing price for Spirax was 7,380p.
Spirax currently has 73,596,416 shares in issue. The market capitalisation of Spirax is £5,295,262,131.
Spirax has a price to earnings ratio (PE ratio) of 28.84.
This morning SPX shares opened at 7,365p
Posted at 01/12/2024 00:09 by philanderer
MIDAS SHARE TIPS: Scorching return... steam tech pioneer Spirax Group is a hot tip


Mail on Sunday
Posted at 20/8/2024 05:47 by waldron
Analysts' Consensus


Mean consensus
HOLD

Number of Analysts
17

Last Close Price
74.95GBP

Average target price
87.83GBP
Spread / Average Target
+17.19%

High Price Target
103.50GBP
Spread / Highest target
+38.09%

Low Price Target
70.00GBP
Spread / Lowest Target
-6.60%
Posted at 19/8/2024 16:49 by waldron
Iain Gilbert

Sharecast News

09 Aug, 2024 11:05

Berenberg slashes target price on Spirax Group



Analysts at Berenberg slashed their target price on engineering firm Spirax Group from 9,800.0p to 8,150.0p on Friday following the group's "slightly underwhelming" set of interim results.



Berenberg said the group's downgraded guidance for 2024 and the implications for 2025 were of great importance. In addition, Spirax's interim report included some strategic updates and refinements, which, in its view, while mostly already known, included some incremental areas of focus implying to the analysts that internal operational effectiveness, geographic business exposure trends and strategic execution were worse than it had considered in its "cautious initiation note" earlier in the year.

Berenbeg, which reiterated its 'hold' rating on the stock, said the challenges confronting the business did not appear to be much closer to resolution, leaving it to remain cautious on the stock going forward.

"While we acknowledge that our earnings per share revisions probably get us closer to the bottom for this cyclical low, with improvements in semiconductor and biopharm to play out on a 12-month view, our concern from our initiation remains: that the business faces strategic and operational challenges that have not been fully appreciated by consensus, or at least have been confirmed at the results by management as being of a magnitude that we had not envisaged, perhaps exacerbated by the incremental cyclical slowdown in both China and the US," said Berenberg.

"With a lot to work through for management, valuation at 27.1x 2024E P/E and 19.9x EV/EBIT remains a barrier to our becoming more positive considering the current returns profile and extended time frame for recovery."

Reporting by Iain Gilbert at Sharecast.com
Posted at 19/8/2024 16:35 by waldron
Peel Hunt cuts Spirax to 'hold' (add) - price target 8,300 (10,000) pence
Posted at 19/10/2023 08:46 by adrunkenmarcus
SPX has derated so the p/e is less than when I bought in 2015. The underlying business is strong, though, and my total return still beat a world tracker last time I checked recently.
Posted at 14/7/2023 09:44 by philanderer
(Sharecast News) - UBS upgraded Spirax-Sarco Engineering on Friday to 'buy' from 'neutral' and lifted the price target to 12,400p from 11,560p, citing an attractive entry point.

"We now see the shares as presenting an attractive entry point, having de-risked our FY23e estimates and updated our views on the drivers of growth ahead of IP from next year," it said.
Posted at 10/1/2022 15:43 by kirkie001
Well, today's price action is something that it doesn't do too often!

I assume there's been a big broker downgrade somewhere given I can't see news?
Posted at 11/11/2021 17:17 by kirkie001
Closing whoops price?
Posted at 11/8/2021 21:10 by mach100
Industrial production is expected to be 8% to 9% this year, but Spirax-Sarco expects all its divisions to outperform this global rate, with its Watson-Marlow fluid technologies business on track for 55% growth this year due to its support for Covid-19 vaccines.

Despite the run for shares from 11,500p since the start of this year, Peel Hunt reckons the stock is worth holding on to after the broker adjusted its price target to 15,000p.

In other news Peel Hunt stated that they expect England to win the World Cup at least once in years ending 66, and all children born this year who survive until the next 356 days to celebrate a birthday in the next year and that traces of meat can be found in a McDonald's hamburger.

Last one seems to be stretching it a bit imho.
Posted at 31/7/2021 13:21 by mach100
Glad I have held from various purchases from £89 to £73 to even a top up buy at £141 last week. I would have been steaming if I had sold. According to Shares Mag it only serves 12% of its addressable market. I wonder if they will do a share split? I quite like the idea though of holding shares which are £200 a pop. A price we will easily see af this rate of progress. Pity the divi for me anyway doesn;t garner enough to buy even a single share when reinvested.
Spirax share price data is direct from the London Stock Exchange

Spirax Frequently Asked Questions (FAQ)

What is the current Spirax share price?
The current share price of Spirax is 7195p.
How many Spirax shares are in issue?
Spirax has 73,596,416 shares in issue.
What is the market cap of Spirax?
The market capitalisation of Spirax is GBP 5.43 B.
What is the 1 year trading range for Spirax share price?
Spirax has traded in the range of 6,355.00p to 11,280.00p during the past year.
What is the PE ratio of Spirax?
The price to earnings ratio of Spirax is 28.84.
What is the cash to sales ratio of Spirax?
The cash to sales ratio of Spirax is 3.15.
What is the reporting currency for Spirax?
Spirax reports financial results in GBP.
What is the latest annual turnover for Spirax?
The latest annual turnover of Spirax is GBP 1.68B.
What is the latest annual profit for Spirax?
The latest annual profit of Spirax is GBP 183.6M.
What is the registered address of Spirax?
The registered address for Spirax is CHARLTON HOUSE, CIRENCESTER ROAD, CHELTENHAM, GLOUCESTERSHIRE, GL53 8ER.
What is the Spirax website address?
The website address for Spirax is www.spiraxsarcoengineering.com.
Which industry sector does Spirax operate in?
Spirax operates in the AUTOMATIC REGULATNG CONTROLS sector.

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