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Spectris PLC
Buy, Hold or Sell?

Let's analyse Spectris together

PenkeI guess you are interested in Spectris PLC. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Spectris PLC. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Spectris (30 sec.)










What can you expect buying and holding a share of Spectris? (30 sec.)

How much money do you get?

How much money do you get?
p0.04
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
p12.62
Expected worth in 1 year
p-5,244.03
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
p-5,253.59
Return On Investment
-158.9%

For what price can you sell your share?

Current Price per Share
p3,307.00
Expected price per share
p2,840 - p3,471
How sure are you?
50%

1. Valuation of Spectris (5 min.)




Live pricePrice per Share (EOD)

p3,307.00

Intrinsic Value Per Share

p-1,479.24 - p410.64

Total Value Per Share

p-1,466.62 - p423.26

2. Growth of Spectris (5 min.)




Is Spectris growing?

Current yearPrevious yearGrowGrow %
How rich?$16.6m$1.8b-$1.7b-10,819.5%

How much money is Spectris making?

Current yearPrevious yearGrowGrow %
Making money$1.8m$157.7m-$155.8m-8,497.0%
Net Profit Margin10.0%9.4%--

How much money comes from the company's main activities?

3. Financial Health of Spectris (5 min.)




4. Comparing to competitors in the Scientific & Technical Instruments industry (5 min.)




  Industry Rankings (Scientific & Technical Instruments)  


Richest
#120 / 158

Most Revenue
#92 / 158

Most Profit
#68 / 158

What can you expect buying and holding a share of Spectris? (5 min.)

Welcome investor! Spectris's management wants to use your money to grow the business. In return you get a share of Spectris.

What can you expect buying and holding a share of Spectris?

First you should know what it really means to hold a share of Spectris. And how you can make/lose money.

Speculation

The Price per Share of Spectris is p3,307. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Spectris.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Spectris, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is p12.62. Based on the TTM, the Book Value Change Per Share is p-1,314.16 per quarter. Based on the YOY, the Book Value Change Per Share is p221.34 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is p0.76 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Spectris.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 p% of Price per Sharep% of Price per Sharep% of Price per Sharep% of Price per Sharep% of Price per Share
Usd Eps0.020.0%0.020.0%4.680.1%2.180.1%1.810.1%
Usd Book Value Change Per Share-16.58-0.5%-16.58-0.5%2.790.1%-2.60-0.1%-0.880.0%
Usd Dividend Per Share0.010.0%0.010.0%0.920.0%0.680.0%0.660.0%
Usd Total Gains Per Share-16.57-0.5%-16.57-0.5%3.710.1%-1.92-0.1%-0.220.0%
Usd Price Per Share47.68-47.68-37.88-40.79-34.25-
Price to Earnings Ratio2,710.80-2,710.80-8.10-510.58-288.61-
Price-to-Total Gains Ratio-2.88--2.88-10.21--13.98-2.71-
Price to Book Ratio299.53-299.53-2.26-62.07-32.25-
Price-to-Total Gains Ratio-2.88--2.88-10.21--13.98-2.71-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share41.727726
Number of shares23
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.68
Usd Book Value Change Per Share-16.58-2.60
Usd Total Gains Per Share-16.57-1.92
Gains per Quarter (23 shares)-381.17-44.24
Gains per Year (23 shares)-1,524.66-176.95
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11-1526-153563-240-187
22-3051-3060125-479-364
33-4577-4585188-719-541
44-6102-6110251-959-718
54-7628-7635313-1198-895
65-9153-9160376-1438-1072
76-10679-10685439-1678-1249
87-12204-12210502-1917-1426
98-13730-13735564-2157-1603
109-15256-15260627-2397-1780

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%33.01.00.097.1%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%25.09.00.073.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%22.00.012.064.7%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%27.07.00.079.4%

Fundamentals of Spectris

About Spectris PLC

Spectris plc provides precision measurement solutions worldwide. It operates through Spectris Scientific, Spectris Dynamics, and Other segments. The Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials; and monitor ultra-clean manufacturing environments. Spectris Dynamics segment offers differentiated sensing, data acquisition, analysis modelling, and simulation solutions for product development and enhance product performance. The Other segment operates high-value precision in-line sensing and monitoring businesses. It serves life sciences/pharmaceuticals, technology-led industrials, automotive, electronics and semiconductor, academic research, and other markets, as well as metals, minerals, and mining. Spectris plc was formerly known as Fairey Group plc and changed its name to Spectris plc in May 2001. The company was incorporated in 1986 and is based in London, the United Kingdom.

Fundamental data was last updated by Penke on 2024-03-13 06:00:10.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Spectris PLC.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Spectris earns for each 1 of revenue.

  • Above 10% is considered healthy but always compare Spectris to the Scientific & Technical Instruments industry mean.
  • A Net Profit Margin of 10.0% means that 0.10 for each 1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Spectris PLC:

  • The MRQ is 10.0%. The company is making a huge profit. +2
  • The TTM is 10.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.0%TTM10.0%0.0%
TTM10.0%YOY9.4%+0.6%
TTM10.0%5Y12.5%-2.5%
5Y12.5%10Y11.1%+1.4%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ10.0%4.7%+5.3%
TTM10.0%3.8%+6.2%
YOY9.4%4.8%+4.6%
5Y12.5%5.2%+7.3%
10Y11.1%5.9%+5.2%
1.1.2. Return on Assets

Shows how efficient Spectris is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Spectris to the Scientific & Technical Instruments industry mean.
  • 8.0% Return on Assets means that Spectris generated 0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Spectris PLC:

  • The MRQ is 8.0%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 8.0%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ8.0%TTM8.0%0.0%
TTM8.0%YOY6.4%+1.6%
TTM8.0%5Y9.0%-1.0%
5Y9.0%10Y8.5%+0.5%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ8.0%0.7%+7.3%
TTM8.0%0.6%+7.4%
YOY6.4%1.0%+5.4%
5Y9.0%1.2%+7.8%
10Y8.5%1.4%+7.1%
1.1.3. Return on Equity

Shows how efficient Spectris is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Spectris to the Scientific & Technical Instruments industry mean.
  • 11.0% Return on Equity means Spectris generated 0.11 for each 1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Spectris PLC:

  • The MRQ is 11.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ11.0%TTM11.0%0.0%
TTM11.0%YOY8.7%+2.4%
TTM11.0%5Y12.7%-1.7%
5Y12.7%10Y12.6%+0.2%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ11.0%1.3%+9.7%
TTM11.0%1.1%+9.9%
YOY8.7%1.7%+7.0%
5Y12.7%1.8%+10.9%
10Y12.6%2.0%+10.6%

1.2. Operating Efficiency of Spectris PLC.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Spectris is operating .

  • Measures how much profit Spectris makes for each 1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Spectris to the Scientific & Technical Instruments industry mean.
  • An Operating Margin of 14.6% means the company generated 0.15  for each 1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Spectris PLC:

  • The MRQ is 14.6%. The company is operating less efficient.
  • The TTM is 14.6%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ14.6%TTM14.6%0.0%
TTM14.6%YOY14.4%+0.3%
TTM14.6%5Y13.7%+1.0%
5Y13.7%10Y13.1%+0.5%
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ14.6%4.6%+10.0%
TTM14.6%3.4%+11.2%
YOY14.4%5.2%+9.2%
5Y13.7%6.5%+7.2%
10Y13.1%4.7%+8.4%
1.2.2. Operating Ratio

Measures how efficient Spectris is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • An Operation Ratio of 0.85 means that the operating costs are 0.85 for each 1 in net sales.

Let's take a look of the Operating Ratio trends of Spectris PLC:

  • The MRQ is 0.854. The company is less efficient in keeping operating costs low.
  • The TTM is 0.854. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.854TTM0.8540.000
TTM0.854YOY0.856-0.003
TTM0.8545Y0.863-0.010
5Y0.86310Y0.871-0.008
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8541.397-0.543
TTM0.8541.407-0.553
YOY0.8561.391-0.535
5Y0.8631.345-0.482
10Y0.8711.111-0.240

1.3. Liquidity of Spectris PLC.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Spectris is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • A Current Ratio of 1.89 means the company has 1.89 in assets for each 1 in short-term debts.

Let's take a look of the Current Ratio trends of Spectris PLC:

  • The MRQ is 1.889. The company is able to pay all its short-term debts. +1
  • The TTM is 1.889. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.889TTM1.8890.000
TTM1.889YOY2.071-0.182
TTM1.8895Y1.934-0.045
5Y1.93410Y1.841+0.094
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8892.389-0.500
TTM1.8892.552-0.663
YOY2.0712.467-0.396
5Y1.9342.805-0.871
10Y1.8412.552-0.711
1.3.2. Quick Ratio

Measures if Spectris is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Spectris to the Scientific & Technical Instruments industry mean.
  • A Quick Ratio of 1.10 means the company can pay off 1.10 for each 1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Spectris PLC:

  • The MRQ is 1.096. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.096. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.096TTM1.0960.000
TTM1.096YOY1.359-0.263
TTM1.0965Y1.221-0.125
5Y1.22110Y1.134+0.087
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0961.061+0.035
TTM1.0961.096+0.000
YOY1.3591.239+0.120
5Y1.2211.302-0.081
10Y1.1341.369-0.235

1.4. Solvency of Spectris PLC.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Spectris assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Spectris to Scientific & Technical Instruments industry mean.
  • A Debt to Asset Ratio of 0.28 means that Spectris assets are financed with 27.6% credit (debt) and the remaining percentage (100% - 27.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Spectris PLC:

  • The MRQ is 0.276. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.276. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.276TTM0.2760.000
TTM0.276YOY0.262+0.014
TTM0.2765Y0.295-0.019
5Y0.29510Y0.329-0.034
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2760.366-0.090
TTM0.2760.371-0.095
YOY0.2620.356-0.094
5Y0.2950.338-0.043
10Y0.3290.339-0.010
1.4.2. Debt to Equity Ratio

Measures if Spectris is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Spectris to the Scientific & Technical Instruments industry mean.
  • A Debt to Equity ratio of 38.1% means that company has 0.38 debt for each 1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Spectris PLC:

  • The MRQ is 0.381. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.381. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.381TTM0.3810.000
TTM0.381YOY0.356+0.026
TTM0.3815Y0.421-0.040
5Y0.42110Y0.497-0.076
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3810.539-0.158
TTM0.3810.554-0.173
YOY0.3560.541-0.185
5Y0.4210.519-0.098
10Y0.4970.525-0.028

2. Market Valuation of Spectris PLC

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every 1 in earnings Spectris generates.

  • Above 15 is considered overpriced but always compare Spectris to the Scientific & Technical Instruments industry mean.
  • A PE ratio of 2,710.80 means the investor is paying 2,710.80 for every 1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Spectris PLC:

  • The EOD is 2,372.215. Based on the earnings, the company is expensive. -2
  • The MRQ is 2,710.796. Based on the earnings, the company is expensive. -2
  • The TTM is 2,710.796. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD2,372.215MRQ2,710.796-338.580
MRQ2,710.796TTM2,710.7960.000
TTM2,710.796YOY8.098+2,702.698
TTM2,710.7965Y510.577+2,200.219
5Y510.57710Y288.608+221.969
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD2,372.21516.713+2,355.502
MRQ2,710.79616.582+2,694.214
TTM2,710.79613.630+2,697.166
YOY8.09815.724-7.626
5Y510.57714.449+496.128
10Y288.60826.723+261.885
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Spectris PLC:

  • The EOD is 1,972.099. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 2,253.572. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 2,253.572. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD1,972.099MRQ2,253.572-281.473
MRQ2,253.572TTM2,253.5720.000
TTM2,253.572YOY43.291+2,210.281
TTM2,253.5725Y474.053+1,779.519
5Y474.05310Y248.026+226.027
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD1,972.0994.833+1,967.266
MRQ2,253.5724.741+2,248.831
TTM2,253.572-1.563+2,255.135
YOY43.291-0.871+44.162
5Y474.053-3.854+477.907
10Y248.026-1.652+249.678
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Spectris is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Scientific & Technical Instruments industry mean).
  • A PB ratio of 299.53 means the investor is paying 299.53 for each 1 in book value.

Let's take a look of the Price to Book Ratio trends of Spectris PLC:

  • The EOD is 262.117. Based on the equity, the company is expensive. -2
  • The MRQ is 299.529. Based on the equity, the company is expensive. -2
  • The TTM is 299.529. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD262.117MRQ299.529-37.411
MRQ299.529TTM299.5290.000
TTM299.529YOY2.263+297.266
TTM299.5295Y62.067+237.461
5Y62.06710Y32.254+29.813
Compared to industry (Scientific & Technical Instruments)
PeriodCompanyIndustry (mean)+/- 
EOD262.1172.486+259.631
MRQ299.5292.750+296.779
TTM299.5292.772+296.757
YOY2.2632.774-0.511
5Y62.0673.112+58.955
10Y32.2543.998+28.256
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Spectris PLC compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---1314.161-1314.1610%221.344-694%-206.443-84%-69.850-95%
Book Value Per Share--12.61612.6160%1326.777-99%926.726-99%915.569-99%
Current Ratio--1.8891.8890%2.071-9%1.934-2%1.841+3%
Debt To Asset Ratio--0.2760.2760%0.262+5%0.295-7%0.329-16%
Debt To Equity Ratio--0.3810.3810%0.356+7%0.421-9%0.497-23%
Dividend Per Share--0.7640.7640%72.576-99%54.011-99%52.226-99%
Eps--1.3941.3940%370.729-100%172.630-99%143.369-99%
Free Cash Flow Per Share--1.6771.6770%69.344-98%94.028-98%100.664-98%
Free Cash Flow To Equity Per Share---0.334-0.3340%-196.399+58763%-108.236+32340%-20.667+6094%
Gross Profit Margin--1.0001.0000%-0.864+186%3.360-70%-1.703+270%
Intrinsic Value_10Y_max--410.639--------
Intrinsic Value_10Y_min---1479.238--------
Intrinsic Value_1Y_max--88.031--------
Intrinsic Value_1Y_min--7.524--------
Intrinsic Value_3Y_max--228.768--------
Intrinsic Value_3Y_min---112.162--------
Intrinsic Value_5Y_max--326.431--------
Intrinsic Value_5Y_min---378.631--------
Market Cap333312530000.000-18%394149700000.000394149700000.0000%325116600000.000+21%360240100000.000+9%310977800000.000+27%
Net Profit Margin--0.1000.1000%0.094+7%0.125-20%0.111-10%
Operating Margin--0.1460.1460%0.144+2%0.137+7%0.131+12%
Operating Ratio--0.8540.8540%0.8560%0.863-1%0.871-2%
Pb Ratio262.117-14%299.529299.5290%2.263+13138%62.067+383%32.254+829%
Pe Ratio2372.215-14%2710.7962710.7960%8.098+33377%510.577+431%288.608+839%
Price Per Share3307.000-14%3779.0003779.0000%3002.000+26%3232.600+17%2714.600+39%
Price To Free Cash Flow Ratio1972.099-14%2253.5722253.5720%43.291+5106%474.053+375%248.026+809%
Price To Total Gains Ratio-2.518+12%-2.877-2.8770%10.214-128%-13.975+386%2.711-206%
Quick Ratio--1.0961.0960%1.359-19%1.221-10%1.134-3%
Return On Assets--0.0800.0800%0.064+25%0.090-11%0.085-6%
Return On Equity--0.1100.1100%0.087+27%0.127-13%0.126-12%
Total Gains Per Share---1313.397-1313.3970%293.920-547%-152.432-88%-17.625-99%
Usd Book Value--16604026.20016604026.2000%1813080420.000-99%1325535789.240-99%1342423846.620-99%
Usd Book Value Change Per Share---16.582-16.5820%2.793-694%-2.605-84%-0.881-95%
Usd Book Value Per Share--0.1590.1590%16.741-99%11.693-99%11.553-99%
Usd Dividend Per Share--0.0100.0100%0.916-99%0.682-99%0.659-99%
Usd Eps--0.0180.0180%4.678-100%2.178-99%1.809-99%
Usd Free Cash Flow--2206888.2002206888.2000%94761180.000-98%135782045.640-98%148620986.820-99%
Usd Free Cash Flow Per Share--0.0210.0210%0.875-98%1.186-98%1.270-98%
Usd Free Cash Flow To Equity Per Share---0.004-0.0040%-2.478+58763%-1.366+32340%-0.261+6094%
Usd Market Cap4205737503.540-18%4973380914.6004973380914.6000%4102321258.800+21%4545509581.800+9%3923917880.400+27%
Usd Price Per Share41.728-14%47.68347.6830%37.879+26%40.789+17%34.253+39%
Usd Profit--1834657.2001834657.2000%157725000.000-99%174242971.440-99%172822941.720-99%
Usd Revenue--18342786.60018342786.6000%1680339060.000-99%1382361709.320-99%1554163728.660-99%
Usd Total Gains Per Share---16.572-16.5720%3.709-547%-1.923-88%-0.222-99%
 EOD+5 -3MRQTTM+0 -0YOY+11 -255Y+10 -2610Y+11 -25

3.2. Fundamental Score

Let's check the fundamental score of Spectris PLC based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-152,372.215
Price to Book Ratio (EOD)Between0-1262.117
Net Profit Margin (MRQ)Greater than00.100
Operating Margin (MRQ)Greater than00.146
Quick Ratio (MRQ)Greater than11.096
Current Ratio (MRQ)Greater than11.889
Debt to Asset Ratio (MRQ)Less than10.276
Debt to Equity Ratio (MRQ)Less than10.381
Return on Equity (MRQ)Greater than0.150.110
Return on Assets (MRQ)Greater than0.050.080
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Spectris PLC based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose3,280.000
Total0/1 (0.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-12-312020-12-312021-12-312022-12-312023-12-31
Long-term Assets Other  -64,680,0006,980,000-57,700,000-5,440,000-63,140,0002,760,000-60,380,00060,549,500169,500



Latest Balance Sheet

Balance Sheet of 2023-12-31. All numbers in thousands.

Summary
Total Assets1,817,700
Total Liabilities501,800
Total Stockholder Equity1,315,900
 As reported
Total Liabilities 501,800
Total Stockholder Equity+ 1,315,900
Total Assets = 1,817,700

Assets

Total Assets1,817,700
Total Current Assets798,700
Long-term Assets1,019,000
Total Current Assets
Cash And Cash Equivalents 138,500
Net Receivables 325,100
Inventory 231,800
Other Current Assets 103,300
Total Current Assets  (as reported)798,700
Total Current Assets  (calculated)798,700
+/-0
Long-term Assets
Property Plant Equipment 194,300
Goodwill 565,500
Long-term Assets Other 169,500
Long-term Assets  (as reported)1,019,000
Long-term Assets  (calculated)929,300
+/- 89,700

Liabilities & Shareholders' Equity

Total Current Liabilities422,800
Long-term Liabilities79,000
Total Stockholder Equity1,315,900
Total Current Liabilities
Short-term Debt 14,400
Accounts payable 369,400
Other Current Liabilities 26,400
Total Current Liabilities  (as reported)422,800
Total Current Liabilities  (calculated)410,200
+/- 12,600
Long-term Liabilities
Long-term Liabilities  (as reported)79,000
Long-term Liabilities  (calculated)0
+/- 79,000
Total Stockholder Equity
Common Stock5,300
Retained Earnings 1,033,100
Accumulated Other Comprehensive Income 46,100
Other Stockholders Equity 231,400
Total Stockholder Equity (as reported)1,315,900
Total Stockholder Equity (calculated)1,315,900
+/-0
Other
Cash and Short Term Investments 138,500
Common Stock Shares Outstanding 104,300
Current Deferred Revenue12,600
Liabilities and Stockholders Equity 1,817,700
Net Debt -75,800
Net Working Capital 375,900
Short Long Term Debt Total 62,700



Balance Sheet

All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-311999-12-311998-12-311997-12-311996-12-311995-12-311994-12-311993-12-311992-12-311991-12-311990-12-311989-12-311988-12-311987-12-311986-12-311985-12-31
> Total Assets 
77,210
63,327
51,512
56,625
64,866
68,982
72,125
82,758
97,391
106,889
110,372
130,320
165,128
145,726
192,212
462,200
477,700
586,100
589,800
634,200
673,500
633,300
647,900
957,600
842,900
973,200
1,362,900
1,331,700
1,308,800
1,406,500
1,459,100
1,732,000
1,798,900
2,093,200
1,973,800
1,796,200
1,768,100
1,948,000
1,817,700
1,817,7001,948,0001,768,1001,796,2001,973,8002,093,2001,798,9001,732,0001,459,1001,406,5001,308,8001,331,7001,362,900973,200842,900957,600647,900633,300673,500634,200589,800586,100477,700462,200192,212145,726165,128130,320110,372106,88997,39182,75872,12568,98264,86656,62551,51263,32777,210
   > Total Current Assets 
54,155
41,075
32,959
31,370
40,610
44,866
52,671
58,167
70,425
81,540
81,335
94,388
122,807
105,651
131,345
270,800
244,100
267,500
269,800
276,100
322,500
297,100
299,200
421,600
313,400
391,300
438,600
439,600
427,100
444,200
494,500
580,300
642,700
676,900
770,500
868,700
688,000
865,500
798,700
798,700865,500688,000868,700770,500676,900642,700580,300494,500444,200427,100439,600438,600391,300313,400421,600299,200297,100322,500276,100269,800267,500244,100270,800131,345105,651122,80794,38881,33581,54070,42558,16752,67144,86640,61031,37032,95941,07554,155
       Cash And Cash Equivalents 
5,647
6,863
3,557
3,540
10,688
15,518
19,937
16,681
29,114
29,457
21,783
12,160
12,495
14,992
32,459
44,500
36,700
36,900
31,700
34,400
77,100
51,000
51,400
64,400
36,800
64,700
41,600
40,800
43,800
34,800
58,200
83,500
137,900
73,100
213,100
222,200
167,800
228,100
138,500
138,500228,100167,800222,200213,10073,100137,90083,50058,20034,80043,80040,80041,60064,70036,80064,40051,40051,00077,10034,40031,70036,90036,70044,50032,45914,99212,49512,16021,78329,45729,11416,68119,93715,51810,6883,5403,5576,8635,647
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100
-2,300
0
0-2,300100000000000000000000000000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
134,650
114,100
119,600
127,000
146,900
140,500
135,500
142,200
198,000
166,600
192,900
212,800
195,400
203,000
219,900
236,000
301,800
313,200
362,400
321,900
275,000
292,500
342,300
325,100
325,100342,300292,500275,000321,900362,400313,200301,800236,000219,900203,000195,400212,800192,900166,600198,000142,200135,500140,500146,900127,000119,600114,100134,650000000000000000
       Inventory 
20,434
17,056
13,083
11,126
12,652
12,951
14,936
18,380
18,771
22,145
26,462
33,929
45,649
37,395
37,968
74,700
74,200
80,900
83,800
94,000
88,200
81,600
92,800
148,000
99,800
121,000
171,800
163,800
162,000
175,700
182,500
187,800
176,000
216,400
197,200
168,500
187,900
263,300
231,800
231,800263,300187,900168,500197,200216,400176,000187,800182,500175,700162,000163,800171,800121,00099,800148,00092,80081,60088,20094,00083,80080,90074,20074,70037,96837,39545,64933,92926,46222,14518,77118,38014,93612,95112,65211,12613,08317,05620,434
   > Long-term Assets 
23,055
22,252
18,553
25,255
24,256
24,116
19,454
24,591
26,966
25,349
29,037
35,932
42,321
40,075
60,867
191,400
233,600
318,600
320,000
358,100
351,000
336,200
348,700
536,000
529,500
581,900
924,300
892,100
881,700
962,300
964,600
1,151,700
1,156,200
1,416,300
1,203,300
927,500
1,080,100
1,082,500
1,019,000
1,019,0001,082,5001,080,100927,5001,203,3001,416,3001,156,2001,151,700964,600962,300881,700892,100924,300581,900529,500536,000348,700336,200351,000358,100320,000318,600233,600191,40060,86740,07542,32135,93229,03725,34926,96624,59119,45424,11624,25625,25518,55322,25223,055
       Property Plant Equipment 
22,524
21,690
18,091
24,754
23,698
23,558
19,187
24,298
26,705
25,239
29,037
34,947
39,699
35,260
34,966
77,122
83,200
89,100
92,400
93,700
92,800
83,200
87,700
118,200
107,600
110,500
152,700
152,500
159,000
162,500
160,800
238,800
275,800
331,500
369,000
187,100
211,000
220,400
194,300
194,300220,400211,000187,100369,000331,500275,800238,800160,800162,500159,000152,500152,700110,500107,600118,20087,70083,20092,80093,70092,40089,10083,20077,12234,96635,26039,69934,94729,03725,23926,70524,29819,18723,55823,69824,75418,09121,69022,524
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
104,318
136,300
213,300
226,400
223,500
209,500
207,400
223,100
342,600
324,800
355,100
544,500
526,700
521,000
569,400
584,900
654,300
627,500
766,300
646,800
577,000
631,400
606,100
565,500
565,500606,100631,400577,000646,800766,300627,500654,300584,900569,400521,000526,700544,500355,100324,800342,600223,100207,400209,500223,500226,400213,300136,300104,318000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,000
0
0
0
0
0
000005,000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,327
104,700
136,600
213,600
227,000
224,200
4,100
8,000
12,200
43,900
70,300
97,400
205,900
191,500
177,500
208,500
201,700
245,200
209,900
263,300
825,300
684,800
800,600
790,200
0
0790,200800,600684,800825,300263,300209,900245,200201,700208,500177,500191,500205,90097,40070,30043,90012,2008,0004,100224,200227,000213,600136,600104,70020,32700000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,874
14,100
15,300
15,000
0
44,600
37,600
25,700
30,700
26,200
18,400
20,600
20,800
24,200
21,900
17,200
13,400
10,500
50,200
9,000
14,600
21,200
20,800
0
020,80021,20014,6009,00050,20010,50013,40017,20021,90024,20020,80020,60018,40026,20030,70025,70037,60044,600015,00015,30014,1008,874000000000000000
> Total Liabilities 
59,245
73,716
44,589
25,240
27,763
26,301
31,913
43,615
53,784
75,572
76,960
142,469
179,620
144,438
166,170
342,400
333,900
397,400
400,400
399,400
418,000
339,200
345,100
514,400
412,000
459,600
758,700
640,600
464,700
490,500
493,100
664,600
594,800
860,300
652,300
576,500
506,800
511,100
501,800
501,800511,100506,800576,500652,300860,300594,800664,600493,100490,500464,700640,600758,700459,600412,000514,400345,100339,200418,000399,400400,400397,400333,900342,400166,170144,438179,620142,46976,96075,57253,78443,61531,91326,30127,76325,24044,58973,71659,245
   > Total Current Liabilities 
34,495
67,197
18,749
17,611
19,757
19,516
22,017
26,088
34,853
47,140
50,080
52,056
69,603
66,879
68,332
180,200
137,200
207,800
161,100
175,900
240,800
189,200
200,400
303,600
261,900
273,900
304,200
368,500
249,800
298,700
258,400
332,000
323,100
424,100
440,800
392,000
393,700
418,000
422,800
422,800418,000393,700392,000440,800424,100323,100332,000258,400298,700249,800368,500304,200273,900261,900303,600200,400189,200240,800175,900161,100207,800137,200180,20068,33266,87969,60352,05650,08047,14034,85326,08822,01719,51619,75717,61118,74967,19734,495
       Short-term Debt 
0
0
2,139
1,158
43
47
898
267
4,174
5,235
5,653
1,063
2,588
2,217
2,226
42,500
12,300
69,200
800
300
59,400
4,300
4,400
35,000
49,800
1,700
2,700
82,800
2,200
50,900
1,700
12,300
1,300
23,700
95,800
26,000
16,600
15,000
14,400
14,40015,00016,60026,00095,80023,7001,30012,3001,70050,9002,20082,8002,7001,70049,80035,0004,4004,30059,40030080069,20012,30042,5002,2262,2172,5881,0635,6535,2354,17426789847431,1582,13900
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
147,900
48,400
156,800
12,300
1,300
23,700
80,700
13,100
0
100
0
0100013,10080,70023,7001,30012,300156,80048,400147,9000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40,226
28,800
38,200
39,300
45,800
52,700
46,000
61,000
82,800
50,600
84,700
91,900
80,300
74,800
78,000
73,500
58,700
59,700
70,500
53,100
51,600
59,700
62,800
369,400
369,40062,80059,70051,60053,10070,50059,70058,70073,50078,00074,80080,30091,90084,70050,60082,80061,00046,00052,70045,80039,30038,20028,80040,226000000000000000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100,745
96,100
100,400
121,000
150,900
128,700
138,900
135,000
185,800
161,500
187,500
209,600
205,400
172,800
169,800
109,100
152,200
262,100
296,300
199,000
231,000
199,600
193,300
26,400
26,400193,300199,600231,000199,000296,300262,100152,200109,100169,800172,800205,400209,600187,500161,500185,800135,000138,900128,700150,900121,000100,40096,100100,745000000000000000
   > Long-term Liabilities 
24,750
6,519
25,840
7,629
8,006
6,785
9,896
17,527
18,931
28,432
26,880
90,413
110,017
77,559
97,838
162,200
196,700
189,600
239,300
223,500
177,200
150,000
144,700
210,800
150,100
185,700
454,500
272,100
214,900
191,800
234,700
332,600
271,700
436,200
211,500
184,500
113,100
93,100
79,000
79,00093,100113,100184,500211,500436,200271,700332,600234,700191,800214,900272,100454,500185,700150,100210,800144,700150,000177,200223,500239,300189,600196,700162,20097,83877,559110,01790,41326,88028,43218,93117,5279,8966,7858,0067,62925,8406,51924,750
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,327
26,500
26,200
24,400
24,600
54,600
40,400
35,600
35,500
53,900
46,300
37,100
35,600
30,200
39,200
79,600
110,500
79,700
89,700
67,200
56,600
63,800
42,900
0
042,90063,80056,60067,20089,70079,700110,50079,60039,20030,20035,60037,10046,30053,90035,50035,60040,40054,60024,60024,40026,20026,5008,327000000000000000
> Total Stockholder Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
111,502
145,600
188,700
204,400
196,000
255,500
294,100
302,800
443,200
430,900
513,600
604,200
691,100
844,100
916,000
966,000
1,067,400
1,204,100
1,232,900
1,321,500
1,219,700
1,261,300
1,436,900
1,315,900
1,315,9001,436,9001,261,3001,219,7001,321,5001,232,9001,204,1001,067,400966,000916,000844,100691,100604,200513,600430,900443,200302,800294,100255,500196,000204,400188,700145,600111,502000000000000000
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,584
5,600
6,200
6,200
6,200
6,200
6,200
6,200
6,200
6,200
6,200
6,200
6,200
6,200
6,200
6,200
6,200
6,200
6,000
6,000
6,000
5,800
5,500
5,300
5,3005,5005,8006,0006,0006,0006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2005,6005,584000000000000000
   Retained Earnings Total Equity000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
-30,442
-38,569
-42,325
-36,630
-45,743
-129,700
-96,100
-100,300
-107,600
-112,900
-122,000
-116,300
-120,600
-143,800
-134,500
-141,100
-145,500
-141,600
-148,400
-154,900
-161,100
-203,000
-209,500
-231,100
97,700
96,600
63,400
83,900
46,100
46,10083,90063,40096,60097,700-231,100-209,500-203,000-161,100-154,900-148,400-141,600-145,500-141,100-134,500-143,800-120,600-116,300-122,000-112,900-107,600-100,300-96,100-129,700-45,743-36,630-42,325-38,569-30,4420000000000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
231,400
231,400
231,400
231,400
231,400
0
0
0
000231,400231,400231,400231,400231,4000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
43,600
35,300
33,500
191,500
377,100
398,200
231,400
231,400
231,400
231,400
231,400
231,400231,400231,400231,400231,400398,200377,100191,50033,50035,30043,6000000000000000000000000000000



Balance Sheet

All numbers in thousands.




Cash Flow

All numbers in thousands.




Income Statement

All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,453,700
Cost of Revenue-636,000
Gross Profit817,700817,700
 
Operating Income (+$)
Gross Profit817,700
Operating Expense-604,800
Operating Income212,900212,900
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense604,8000
 
Net Interest Income (+$)
Interest Income0
Interest Expense-3,800
Other Finance Cost-3,800
Net Interest Income0
 
Pretax Income (+$)
Operating Income212,900
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)185,700240,100
EBIT - interestExpense = 209,100
185,600
149,200
Interest Expense3,800
Earnings Before Interest and Taxes (EBIT)212,900189,500
Earnings Before Interest and Taxes (EBITDA)270,600
 
After tax Income (+$)
Income Before Tax185,700
Tax Provision-0
Net Income From Continuing Ops0185,700
Net Income145,400
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,240,800
Total Other Income/Expenses Net-27,2000
 

Technical Analysis of Spectris
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Spectris. The general trend of Spectris is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Spectris's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Spectris PLC.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 3,408 < 3,447 < 3,471.

The bearish price targets are: 2,917 > 2,878 > 2,840.

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Spectris PLC Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Spectris PLC. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Spectris PLC Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Spectris PLC.

Spectris PLC Daily Moving Average Convergence/Divergence (MACD) ChartSpectris PLC Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Spectris PLC. The current adx is .

Spectris PLC Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Spectris PLC.

Spectris PLC Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Spectris PLC.

Spectris PLC Daily Relative Strength Index (RSI) ChartSpectris PLC Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Spectris PLC.

Spectris PLC Daily Stochastic Oscillator ChartSpectris PLC Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Spectris PLC.

Spectris PLC Daily Commodity Channel Index (CCI) ChartSpectris PLC Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Spectris PLC.

Spectris PLC Daily Chande Momentum Oscillator (CMO) ChartSpectris PLC Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Spectris PLC.

Spectris PLC Daily Williams %R ChartSpectris PLC Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Spectris PLC.

Spectris PLC Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Spectris PLC.

Spectris PLC Daily Average True Range (ATR) ChartSpectris PLC Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Spectris PLC.

Spectris PLC Daily On-Balance Volume (OBV) ChartSpectris PLC Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Spectris PLC.

Spectris PLC Daily Money Flow Index (MFI) ChartSpectris PLC Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Spectris PLC.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-04RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside

6.3. Candlestick Patterns

Spectris PLC Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Spectris PLC based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose3,280.000
Total0/1 (0.0%)
Penke

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