Smiths Group (LON:SMIN) Sets New 1-Year High - What's Next?

Smiths Group plc (LON:SMIN - Get Free Report)'s stock price hit a new 52-week high on Tuesday . The company traded as high as GBX 2,248 ($30.46) and last traded at GBX 2,246 ($30.44), with a volume of 573368 shares. The stock had previously closed at GBX 2,224 ($30.14).Smiths Group Stock PerformanceThe stock's 50-day moving average price is GBX 1,954.99 and its 200-day moving average price is GBX 1,908.98. The company has a current ratio of 2.07, a quick ratio of 1.29 and a debt-to-equity ratio of 29.55. The company has a market capitalization of £7.59 billion, a P/E ratio of 30.95, a P/E/G ratio of 0.35 and a beta of 0.66. Smiths Group (LON:SMIN - Get Free Report) last issued its earnings results on Tuesday, March 25th. The company reported GBX 55.50 ($0.75) earnings per share (EPS) for the quarter. Smiths Group had a net margin of 7.98% and a return on equity of 11.54%. As a group, equities analysts expect that Smiths Group plc will post 85.1295337 EPS for the current year. Smiths Group Increases DividendThe company also recently disclosed a dividend, which was paid on Thursday, April 17th. Investors of record on Thursday, April 10th were given a GBX 36 ($0.49) dividend. The ex-dividend date was Thursday, April 10th. This is an increase from Smiths Group's previous dividend of $30.20. This represents a yield of 0.71%. Smiths Group's dividend payout ratio (DPR) is currently 61.13%. Insiders Place Their BetsIn related news, insider Richard Howes acquired 95 shares of Smiths Group stock in a transaction that occurred on Thursday, May 1st. The stock was acquired at an average price of GBX 1,859 ($25.19) per share, with a total value of £1,766.05 ($2,393.35). 0.61% of the stock is owned by insiders. Smiths Group Company Profile (Get Free Report)Smiths Group plc operates as an industrial technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.Further ReadingFive stocks we like better than Smiths GroupWhat Is WallStreetBets and What Stocks Are They Targeting?Meta Pulls Ahead of the Mag 7: Analysts Predict a Breakout YearBest of the list of Dividend Aristocrats: Build wealth with the aristocrat indexASML’s AI Edge: How Its EUV Tech Is Creating a New MonopolyWhat Investors Need to Know to Beat the MarketQualcomm: What Monday’s Jump Tells Us About the Stock's ProspectsThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Smiths Group Right Now?Before you consider Smiths Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Smiths Group wasn't on the list.While Smiths Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here