Spirent Communications Share Discussion Threads

[petewy] 09/5/2017 09:31

Spirent was upgraded by Citigroup Inc to a “buy” rating today to £1.45 from £1.16.
Thanks Elliot. R U sure about SRSP.

High hopes for SPT

[elliotset] 09/5/2017 08:19

Upgrade citi group

[fizzypop] 09/5/2017 08:07

Up 3% on opening. No news I can find.

[fizzypop] 03/5/2017 09:26

Percentages:

Adjusted operating
profit(1)......... up 322%

FCF ...............up 20%

Cash ..............up 20%

[fizzypop] 03/5/2017 07:30

Q1 TU today.

Group performance

The year has started well with the first quarter trading ahead of the same period last year. Revenue was up 4 per cent to $106.4 million and profit up $5.8 million to $7.6 million.

Order intake was broadly level in the quarter compared to the same period last year and reflects the usual seasonality of the business. Ongoing trends of strong demand for Networks & Security testing offset the continuing decline of Connected Devices testing for smartphones in particular. Book to bill ratio for the quarter was 85 (2016: 89).

Results

The results for the first quarter are set out below:


1(st) quarter 1(st) quarter
$ million 2017 2016
-------------------- -------------- --------------

Order intake 90.2 91.3
Revenue 106.4 102.7
Adjusted operating
profit(1) 7.6 1.8
Free cash flow(2) 19.5 16.2

The balance sheet remains strong, with cash of $115.8 million, up from $96.1 million at 31 December 2016.

[fizzypop] 28/4/2017 12:30

Annual Shareholders Meeting on 3 May next week - are we likely to get a TS then?

[fizzypop] 27/4/2017 15:59

In for 3000 at 118p. Three directors purchases totalling some £400k seems a good indication of progress to me. $96.1M cash pile.

[petewy] 26/4/2017 12:38

Someone bought a cool mil.

[petewy] 24/3/2017 09:34

Thanks 3rd eye

[3rd eye] 24/3/2017 08:35

Broker upgrades SPT spirent this morning.............

Spirent Communications PLC SPT Liberum Capital Buy 109.75 109.75 90.00 134.00 Upgrades

SP Target 134p



2 upgrades in last 4 days.........

Spirent Communications broker views

Date Broker Recommendation Price Old target price New target price Notes

24 Mar 17 Liberum Capital Buy 0.00 90.00 134.00 Upgrades
20 Mar 17 Numis Buy 0.00 80.00 145.00 Upgrades

[petewy] 24/3/2017 08:25

The share starting to move...

[petewy] 21/3/2017 08:12

Yes Someuwin I saw that last night and will be adding today.

[someuwin] 20/3/2017 15:21

Numis upgrades to 145p target.

Spirent Communications PLC SPT
Numis
Buy
Old target 80.00
New target 145.00
Upgrades

[petewy] 02/3/2017 13:59

See the results sent the shares down so did my million share seller get a tip off.

[dalesiders] 28/2/2017 23:38

Yes

It was a negotiated trade. It's a SETS stock. The broker may have already worked the trade through the market.

[petewy] 28/2/2017 22:13

Someone etc sold a million shares today two days before results and the price didn't move. Can someone explain this?

[picobird] 13/2/2017 17:32

OMG both my tech shares look ripe for M & A. Spirent really does have a niche product now for 'fuzzing servers'.
Well you know what they say, 'never look a gift horse in the mouth'. LOL :)

[petewy] 06/2/2017 09:32

Results March 2nd

[nasdaqpat] 29/12/2016 11:34

Best level for share price since early 2014...recovery coming through or takeover approach?

[postmanpat11] 13/6/2016 19:22

interesting reading:
""More news on 5G means a favourable read-across for the key 5G ‘name’ – Spirent. Today the Dutch Ministry of Economic Affairs has gathered 10 partner organisations together to run a 5G test in North Groningen – tests to be carried out at the end of the year. This is favourable for Spirent as it illustrates that 5G is getting closer and with it raises the possibilities of earlier revenue opportunities for Spirent. ""… lifted from a Panmure note on researchtree