Share Name Share Symbol Market Type Share ISIN Share Description
Spirax-sarco Engineering Plc LSE:SPX London Ordinary Share GB00BWFGQN14 ORD 26 12/13P
  Price Change % Change Share Price Shares Traded Last Trade
  -275.00 -1.69% 16,000.00 50,868 16:35:02
Bid Price Offer Price High Price Low Price Open Price
15,975.00 15,985.00 16,230.00 15,910.00 16,165.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 1,193.40 240.10 235.50 67.9 11,789
Last Trade Time Trade Type Trade Size Trade Price Currency
18:45:02 O 191 16,005.029 GBX

Spirax-sarco Engineering (SPX) Latest News

More Spirax-sarco Engineering News
Spirax-sarco Engineering Investors    Spirax-sarco Engineering Takeover Rumours

Spirax-sarco Engineering (SPX) Discussions and Chat

Spirax-sarco Engineering (SPX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-09-24 17:45:0616,005.0319130,569.61O
2021-09-24 16:42:2416,000.009815,680.00O
2021-09-24 16:33:3415,999.8716626,559.79O
View all Spirax-sarco Engineering trades in real-time

Spirax-sarco Engineering (SPX) Top Chat Posts

Spirax-sarco Engineering Daily Update: Spirax-sarco Engineering Plc is listed in the Industrial Engineering sector of the London Stock Exchange with ticker SPX. The last closing price for Spirax-sarco Engineering was 16,275p.
Spirax-sarco Engineering Plc has a 4 week average price of 15,765p and a 12 week average price of 13,645p.
The 1 year high share price is 16,695p while the 1 year low share price is currently 10,520p.
There are currently 73,684,195 shares in issue and the average daily traded volume is 103,830 shares. The market capitalisation of Spirax-sarco Engineering Plc is £11,789,471,200.
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.
adrunkenmarcus: I think they did a share split in the early 1990s or maybe it was a consolidation. Like you, I wondered if one was coming up - they could do a 100-for-1 and I'd have a very impressive number of shares. ;-) £1.50 would hardly be a penny stock, so why not? Spirax has grown to 14.6% of my pension and 10.6% of my dividend growth portfolio, simply by compounding around 30% p.a. since purchase in 2015! And my divided yield on book cost is quite decent indeed due to over 11% p.a. dividend growth.
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.
philanderer: Questor: yes, steam engineering really is hi-tech – and this UK business is a world leader Questor share tip: Spirax-Sarco has no real rivals in the service it offers, just what it needs to offer inflation-proof pricing power https://www.telegraph.co.uk/investing/shares/questor-yes-steam-engineering-really-hi-tech-uk-business-world/
energeticbacker: SPX delivered exceptional results in 2020, despite considerable challenges in its markets. Its ongoing success is testament to a robust operating model and a constant focus on improvement and innovation, with some small high margin acquisitions also helping to keep it ahead of the competition. Find out more about this Ultimate Stock on Investor's Champion.
apad: A couple of points on the article. It is presented as an individual PE story over the last 5 years. This PE story is not particular to SPX. The likes of SPX are particularly attractive to US ETFs. A comparison with HLMA tells a similar story. The pound has been weak over tthose years. Watson-Marlow is commented on in terms of current revenue and growth. In reality WM is the jewel in SPX's crown, for a number of reasons. Back in the day it was almost an accidental acquisition. apad
thetwentiestrader: An article on the quality business of Spirax-Sarco, looking at its fundamentals, its valuation and its current price hxxps://www.thetwentiestrader.com/post/spirax-sarco-a-quality-stock-but-is-the-price-too-high
mach100: Excellent results. Divi hike is always good news. Justifying its lofty valuation. Going to average up now as I share the company's confidence in the outlook. The restructuring is going well in Chromalux.
adrunkenmarcus: SPX is a rare and valuable company. I simply look at its dividend payments which are increased significantly each year and paid like clockwork. Looking at SPX's dividends, you'd never guess there was a global pandemic or that the UK economy had arguably had its worst year since 1709.
mach100: Hard to know where to stand on SPX. Ok we had sell on news brigade today and the slowing IP growth is always a concern. That said any falls recently have dissipitated like steam in a shower room after a very brief drop. On track expectations is pretty good in Covid times and I feel there is a lot of funds who like having SPX in its holdings. Will hold on until there is a clearer direction of travel. I might sell some at £110 and see where it heads from there if it falls to that price.
Spirax-sarco Engineering share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210925 16:46:20