Oxford Instruments (OXIG)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

2,020.00p
   
  • Change Today:
      70.00p
  • 52 Week High: 2,660.00p
  • 52 Week Low: 1,870.00p
  • Currency: UK Pounds
  • Shares Issued: 58.04m
  • Volume: 174,832
  • Market Cap: £1,172.40m
  • RiskGrade: 153
  • Beta: 1.48

Sunday share tips: Oxford Instruments

By Alexander Bueso

Date: Sunday 16 Jun 2024

LONDON (ShareCast) - (Sharecast News) - The Financial Mail on Sunday's Midas column labelled shares of Oxford Instruments a "long-term buy".
First, the company's kit was helping in the discovery of new drugs and to make scientific discoveries.

Midas also called attention to Oxford's specialisation on cryostats, the tools that allow manufacturers to drive temperatures down to as cold as in outer space.

Those would be key for quantum computing, an industry that by 2035 was seen reaching £1trn in value, it said.

Furthermore, the company's new boss, Richard Tyson, was determined to make his mark and had just unveiled a new strategy.

Over the year to March, revenues jumped 10% to £470m and profit by 2% to £83m

Not surprisingly, brokers were expecting growth in sales to £520m and in profit to £90m by 2026, together with a higher dividend.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

OXIG Market Data

Currency UK Pounds
Share Price 2,020.00p
Change Today 70.00p
% Change 3.59 %
52 Week High 2,660.00p
52 Week Low 1,870.00p
Volume 174,832
Shares Issued 58.04m
Market Cap £1,172.40m
Beta 1.48
RiskGrade 153

OXIG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.94% above the market average1.94% above the market average1.94% above the market average1.94% above the market average1.94% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Price Trend
24.7% below the market average24.7% below the market average24.7% below the market average24.7% below the market average24.7% below the market average
45.95% above the sector average45.95% above the sector average45.95% above the sector average45.95% above the sector average45.95% above the sector average
Income
52.91% below the market average52.91% below the market average52.91% below the market average52.91% below the market average52.91% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
9.88% below the market average9.88% below the market average9.88% below the market average9.88% below the market average9.88% below the market average
45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 2
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

OXIG Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Nov-24 11-Jul-24
Paid 10-Jan-25 20-Aug-24
Amount 5.10p 15.90p

Trades for 21-Nov-2024

Time Volume / Share Price
16:29 45 @ 2,010.00p
16:29 40 @ 2,010.00p
16:29 6 @ 2,010.00p
16:24 80 @ 2,010.00p
16:22 5 @ 2,010.00p

OXIG Key Personnel

CEO Richard Tyson

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