Should I buy or sell Spirax-Sarco Engineering stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Spirax-Sarco Engineering in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SPX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPX, but not buy additional shares or sell existing shares. View SPX analyst ratings or view top-rated stocks .

What is Spirax-Sarco Engineering's stock price target for 2024?

7 equities research analysts have issued 1 year price objectives for Spirax-Sarco Engineering's shares. Their SPX share price targets range from GBX 9,740 to £111. On average, they expect the company's stock price to reach £101.50 in the next year. This suggests a possible upside of 7.4% from the stock's current price. View analysts price targets for SPX or view top-rated stocks among Wall Street analysts .

How have SPX shares performed in 2024?

Spirax-Sarco Engineering's stock was trading at £105.05 at the start of the year. Since then, SPX shares have decreased by 10.0% and is now trading at GBX 9,450. View the best growth stocks for 2024 here .

How were Spirax-Sarco Engineering's earnings last quarter?

Spirax-Sarco Engineering plc (LON:SPX) released its quarterly earnings data on Wednesday, August, 7th. The company reported $120.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $125.20 by $5.20. Spirax-Sarco Engineering had a net margin of 10.91% and a trailing twelve-month return on equity of 15.81%.

How often does Spirax-Sarco Engineering pay dividends? What is the dividend yield for Spirax-Sarco Engineering?

Spirax-Sarco Engineering declared a dividend on Thursday, March 7th. Shareholders of record on Thursday, April 25th will be given a dividend of GBX 114 per share on Friday, May 24th. This represents a yield of 1.11%. The ex-dividend date of this dividend is Thursday, April 25th. This is a boost from the stock's previous dividend of GBX 46. The official announcement can be viewed at this link . Read our dividend analysis for SPX .

Is Spirax-Sarco Engineering a good dividend stock?

Spirax-Sarco Engineering (LON:SPX) pays an annual dividend of GBX 160 per share and currently has a dividend yield of 1.68%. The dividend payout ratio is 6,425.70%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for SPX .

What other stocks do shareholders of Spirax-Sarco Engineering own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spirax-Sarco Engineering investors own include NVIDIA (NVDA) , Alibaba Group (BABA) , Micron Technology (MU) , Netflix (NFLX) , Rotork (ROR) , Advanced Micro Devices (AMD) , Salesforce (CRM) , Citigroup (C) , Halma (HLMA) and SPDR S&P 500 ETF Trust (SPY) .

How do I buy shares of Spirax-Sarco Engineering?

Shares of SPX stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:SPX

Spirax-Sarco Engineering (SPX) Share Price, News & Analysis

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Free SPX Stock Alerts

GBX 9,265

-185.00 (-1.96%)

(As of 06:56 AM ET)

Compare

Today's Range: 9,265
▼
9,635
50-Day Range: 9,450
▼
£107.35
52-Week Range: 7,900
▼
£116.90

Volume: 90,268 shs
Average Volume: 158,062 shs
Market Capitalization: £6.82 billion

P/E Ratio: 3,720.88
Dividend Yield: 1.73%
Price Target: £101.50

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades Sustainability

Get Spirax-Sarco Engineering alerts:

Spirax-Sarco Engineering MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 7.4% Upside
£101.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.16
Upright™ Environmental Score
News Sentiment: -0.01
Based on 4 Articles This Week
Insider Trading: Selling Shares
£6.95 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.78 out of 5 stars

2.0

Analyst's Opinion

Consensus Rating
Spirax-Sarco Engineering has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 3 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
Spirax-Sarco Engineering has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for SPX.

0.8

Dividend Strength

Dividend Yield
Spirax-Sarco Engineering pays a meaningful dividend of 1.68%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Spirax-Sarco Engineering does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Spirax-Sarco Engineering is 6,425.70%. Payout ratios above 75% are not desirable because they may not be sustainable.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Spirax-Sarco Engineering has received a 27.85% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Thermal energy storages", "Steam generators", and "Steam reformers" products. See details.
Environmental Sustainability
The Environmental Impact score for Spirax-Sarco Engineering is -2.16.

1.7

News and Social Media Coverage

News Sentiment
Spirax-Sarco Engineering has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.33 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Spirax-Sarco Engineering this week, compared to 0 articles on an average week.
Search Interest
26 people have searched for SPX on MarketBeat in the last 30 days. This is an increase of 73% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Spirax-Sarco Engineering to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Spirax-Sarco Engineering insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £69,478.20 in company stock.
Percentage Held by Insiders
Only 0.98% of the stock of Spirax-Sarco Engineering is held by insiders.
Percentage Held by Institutions
81.30% of the stock of Spirax-Sarco Engineering is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Spirax-Sarco Engineering is 3,795.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 147.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Spirax-Sarco Engineering is 3,795.18, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 394.32.
Price to Earnings Growth Ratio
Spirax-Sarco Engineering has a PEG Ratio of 6.66. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Spirax-Sarco Engineering has a P/B Ratio of 6.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Spirax-Sarco Engineering Stock (LON:SPX)

Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. The company offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating, curing, cooking, drying, cleaning, sterilizing, space heating, humidifying, vacuum packing, and producing hot water; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies for industrial processes; and peristaltic and niche pumps and associated fluid path technologies, including pumps, tubing, and specialty filling systems and products for single-use applications. It serves pharmaceutical and biotechnology, food, beverage, oil, gas, chemical, power generation, healthcare, water and wastewater, buildings, mining and precious metal processing, semiconductor, and transport sectors, as well as original equipment manufacturers. The company sells its products directly, as well as through distributors. It operates in Europe, the Middle East, and Africa; the Asia Pacific; and the Americas. The company was founded in 1888 and is headquartered in Cheltenham, the United Kingdom.

SPX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SPX Stock News Headlines

March 21, 2024 | insidertrades.com

Nimesh Patel Sells 660 Shares of Spirax-Sarco Engineering plc (LON:SPX) Stock

April 12, 2024 | americanbankingnews.com

Spirax-Sarco Engineering's (SPX) "Buy" Rating Reaffirmed at Bank of America

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April 12, 2024 | americanbankingnews.com

Spirax-Sarco Engineering plc (LON:SPX) Receives £101.50 Consensus Target Price from Analysts

April 10, 2024 | americanbankingnews.com

Spirax-Sarco Engineering (LON:SPX) Price Target Cut to GBX 9,960 by Analysts at Barclays

March 9, 2024 | finance.yahoo.com

Is Spirax-Sarco Engineering plc's (LON:SPX) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

February 23, 2024 | uk.finance.yahoo.com

Spirax-Sarco Engineering plc (SPX.L)

February 22, 2024 | lse.co.uk

Spirax-Sarco Engineering to rebrand as Spirax Group

April 18, 2024 | Crypto 101 Media (Ad)

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January 18, 2024 | seekingalpha.com

Spirax-Sarco: Still Expensive Even After A Large Fall

January 9, 2024 | finance.yahoo.com

Spirax Sarco will be presenting and exhibiting at AHR EXPO, Chicago

December 24, 2023 | seekingalpha.com

SPXSY Spirax-Sarco Engineering plc

December 19, 2023 | finance.yahoo.com

Returns On Capital At Spirax-Sarco Engineering (LON:SPX) Have Hit The Brakes

December 17, 2023 | msn.com

The London Stock Exchange concluded with losses; the FTSE100 witnessed a 0.94% fall

December 16, 2023 | msn.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.98%

November 16, 2023 | lse.co.uk

Spirax-Sarco reports subdued trading but expects improvement next year

November 16, 2023 | msn.com

Are Spirax-Sarco Engineering shares cheap as FTSE firm forecasts FY24 growth?

October 31, 2023 | finance.yahoo.com

With 89% ownership, Spirax-Sarco Engineering plc (LON:SPX) boasts of strong institutional backing

October 17, 2023 | finance.yahoo.com

Spirax-Sarco Engineering (LON:SPX) sheds 6.6% this week, as yearly returns fall more in line with earnings growth

October 9, 2023 | finance.yahoo.com

Spirax Sarco introduces Turflow heat exchanger

August 27, 2023 | finance.yahoo.com

Spirax-Sarco Engineering's (LON:SPX) Upcoming Dividend Will Be Larger Than Last Year's

August 10, 2023 | msn.com

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.82%

August 8, 2023 | msn.com

UK's valve maker Spirax-Sarco's CEO to retire in early 2024

July 17, 2023 | msn.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.37%

July 14, 2023 | msn.com

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.09%

June 19, 2023 | msn.com

LIVE: FTSE 100 closes lower as pound hits 10-month high ahead of BoE rate decision

June 19, 2023 | uk.finance.yahoo.com

LIVE: FTSE 100 lower as pound hits 10-month high against the euro

See More Headlines

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Company Calendar

Last Earnings: 8/07/2019
Today: 4/18/2024
Ex-Dividend for 5/24 Dividend: 4/25/2024
Dividend Payable: 5/24/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Industrials
Industry: Specialty Industrial Machinery
Sub-Industry: N/A
Current Symbol: LON:SPX
CUSIP: N/A
CIK: N/A
Web: www.spiraxsarcoengineering.com
Phone: +44-1242-521361
Fax: N/A
Employees: 10,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: £101.50
High Stock Price Target: £111
Low Stock Price Target: GBX 9,740
Potential Upside/Downside: +7.4%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 2.49
Trailing P/E Ratio: 3,795.18
Forward P/E Ratio: 28.57
P/E Growth: 6.66
Net Income: £183.60 million
Net Margins: 10.91%
Pretax Margin: N/A
Return on Equity: 15.81%
Return on Assets: 7.01%

Debt

Debt-to-Equity Ratio: 97.01
Current Ratio: 2.26
Quick Ratio: 1.73

Sales & Book Value

Annual Sales: £1.68 billion
Price / Sales: 4.14
Cash Flow: GBX 343.84 per share
Price / Cash Flow: 27.48
Book Value: GBX 1,571 per share
Price / Book: 6.02

Miscellaneous

Outstanding Shares: 73,640,000
Free Float: N/A
Market Cap: £6.96 billion
Optionable: Not Optionable
Beta: 0.69

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Key Executives

Mr. Nimesh Balvir Patel B.Sc. (Age 47)
Group Chief Executive & Executive Director
Comp: $959.4k
Mr. Nicholas John Anderson B.Sc. (Age 63)
Eng., MBA, Advisor
Comp: $1.37M
Mr. Phil Scott
Interim Chief Financial Officer
Mr. Andy J. Robson L.L.B. (Age 61)
LLB Law, Barrister, Group General Counsel & Company Secretary
Mr. Jim Devine
Group Human Resources Director
Mr. Dan Harvey
Head of Internal Audit
Mr. Andrew Mines (Age 52)
Managing Director of Watson-Marlow
Ms. Sarah Peers
Group Director of Sustainability
Mr. Maurizio Preziosa
Managing Director of Steam Specialties
Ms. Jennifer Forrester
Head of Employee Experience

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

SPX Stock Analysis - Frequently Asked Questions

Should I buy or sell Spirax-Sarco Engineering stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Spirax-Sarco Engineering in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SPX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPX, but not buy additional shares or sell existing shares.
View SPX analyst ratings or view top-rated stocks.
What is Spirax-Sarco Engineering's stock price target for 2024?: 7 equities research analysts have issued 1 year price objectives for Spirax-Sarco Engineering's shares. Their SPX share price targets range from GBX 9,740 to £111. On average, they expect the company's stock price to reach £101.50 in the next year. This suggests a possible upside of 7.4% from the stock's current price.
View analysts price targets for SPX or view top-rated stocks among Wall Street analysts.
How have SPX shares performed in 2024?: Spirax-Sarco Engineering's stock was trading at £105.05 at the start of the year. Since then, SPX shares have decreased by 10.0% and is now trading at GBX 9,450.
View the best growth stocks for 2024 here.
How were Spirax-Sarco Engineering's earnings last quarter?: Spirax-Sarco Engineering plc (LON:SPX) released its quarterly earnings data on Wednesday, August, 7th. The company reported $120.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $125.20 by $5.20. Spirax-Sarco Engineering had a net margin of 10.91% and a trailing twelve-month return on equity of 15.81%.

How often does Spirax-Sarco Engineering pay dividends? What is the dividend yield for Spirax-Sarco Engineering?: Spirax-Sarco Engineering declared a dividend on Thursday, March 7th. Shareholders of record on Thursday, April 25th will be given a dividend of GBX 114 per share on Friday, May 24th. This represents a yield of 1.11%. The ex-dividend date of this dividend is Thursday, April 25th. This is a boost from the stock's previous dividend of GBX 46. The official announcement can be viewed at this link.
Read our dividend analysis for SPX.
Is Spirax-Sarco Engineering a good dividend stock?: Spirax-Sarco Engineering (LON:SPX) pays an annual dividend of GBX 160 per share and currently has a dividend yield of 1.68%. The dividend payout ratio is 6,425.70%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SPX.
What other stocks do shareholders of Spirax-Sarco Engineering own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Spirax-Sarco Engineering investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), Rotork (ROR), Advanced Micro Devices (AMD), Salesforce (CRM), Citigroup (C), Halma (HLMA) and SPDR S&P 500 ETF Trust (SPY).
How do I buy shares of Spirax-Sarco Engineering?: Shares of SPX stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:SPX) was last updated on 4/18/2024 by MarketBeat.com Staff

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Spirax-Sarco Engineering (SPX) Share Price, News & Analysis

Spirax-Sarco Engineering MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Spirax-Sarco Engineering Stock (LON:SPX)

SPX Stock Price History

SPX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

SPX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™