Market's view on Spectris
Published on April 2024
- A stock watcher noted the decline in stock price is due to adjusted estimates for 2024 and 2025 following recent results.
- Concerns were raised on why the stock was dropping over the last few days, with one individual considering buying back in.
- Spectris deemed undervalued post-divestment of its engineering business, Omega, with advantages highlighted such as high operating margins and lucrative market opportunities.
- Positive sentiments were shared about a company restructuring into a focused, high-margin business.
- Stock watcher mentioned a technical buy signal for a stock, continuing to accumulate shares.
- A downgrade by Morgan Stanley on Spectris to ‘Underweight’ was pointed out as a reason for a stock price drop.
- Spectris was included in the Interactive Investors winter list noted for consistent performance.
- A trading update was discussed, noting supply chain issues but otherwise positive performance.
- Spectris was mentioned in a PIWORLD interview highlighting its potential.
- Disappointment in full-year results due to high intangibles writedown and vulnerability to external issues, leading to a stock sale.
- Confidence expressed in a stock with potential, leading to a purchase for a long-term hold.
- Project Uplift at Spectris anticipated to bring necessary operational efficiencies, with the stock trading below the average of competitors.
- A general update on Spectris received a lacklustre response, indicating little excitement or concern from the market.
- Question raised about the future strategy and potential buyers for Spectris, reflecting skepticism about its direction and growth potential.