Judges Scientific (LON:JDG) Announces Quarterly Earnings Results

Judges Scientific (LON:JDG) announced its quarterly earnings results on Wednesday. The company reported GBX 283.40 ($3.67) EPS for the quarter, Digital Look Earnings reports. Judges Scientific had a return on equity of 17.56% and a net margin of 10.99%.

Judges Scientific Price Performance

JDG traded up GBX 100 ($1.30) during trading on Friday, hitting GBX 7,500 ($97.25). The company’s stock had a trading volume of 27,555 shares, compared to its average volume of 20,187. The stock has a market capitalization of £492.39 million, a price-to-earnings ratio of 32.97, a price-to-earnings-growth ratio of 0.56 and a beta of 0.83. Judges Scientific has a 12 month low of GBX 6,760 ($87.66) and a 12 month high of £122.50 ($158.84). The company has a quick ratio of 0.65, a current ratio of 1.97 and a debt-to-equity ratio of 70.79. The firm’s 50 day moving average price is GBX 7,487.57 and its two-hundred day moving average price is GBX 8,655.26.

Judges Scientific Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, July 11th. Shareholders of record on Thursday, June 12th will be given a GBX 74.80 ($0.97) dividend. This is an increase from Judges Scientific’s previous dividend of $29.70. The ex-dividend date is Thursday, June 12th. This represents a yield of 1.01%. Judges Scientific’s payout ratio is presently 43.09%.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Judges Scientific in a research report on Wednesday.

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.