Oxford Instruments (LON:OXIG) Insider Buys £96,007.76 in Stock

Oxford Instruments plc (LON:OXIG) insider Richard Tyson acquired 3,154 shares of the company’s stock in a transaction dated Friday, July 24th. The stock was purchased at an average cost of GBX 3,044 per share, with a total value of £96,007.76.

Oxford Instruments Price Performance

OXIG stock opened at GBX 2,714.04 on Friday. The business’s fifty day moving average price is GBX 2,978.06 and its 200 day moving average price is GBX 2,743.16. Oxford Instruments plc has a 12-month low of GBX 1,682 and a 12-month high of GBX 3,318. The company has a current ratio of 1.83, a quick ratio of 1.11 and a debt-to-equity ratio of 13.08. The company has a market capitalization of £1.50 billion, a PE ratio of 32.43, a P/E/G ratio of -3.56 and a beta of 1.11.

Oxford Instruments (LON:OXIG) last announced its earnings results on Tuesday, June 9th. The company reported GBX 100.70 EPS for the quarter. The company had revenue of £423.20 million during the quarter. Oxford Instruments had a return on equity of 13.94% and a net margin of 11.39%. On average, sell-side analysts anticipate that Oxford Instruments plc will post 117.7149452 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on OXIG shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of Oxford Instruments from GBX 2,675 to GBX 2,900 and gave the stock a “buy” rating in a report on Wednesday, April 15th. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 2,590 target price on shares of Oxford Instruments in a report on Wednesday, June 10th. JPMorgan Chase & Co. upped their price target on Oxford Instruments from GBX 3,000 to GBX 3,200 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. Finally, Berenberg Bank lifted their price objective on Oxford Instruments from GBX 2,700 to GBX 3,000 and gave the company a “hold” rating in a research note on Monday, May 18th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,781.67.

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