Smiths Group stock analysis
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Smiths Group (SMGZY) Stock Price & Analysis
SMGZY Stock Chart & Stats
- Day’s Range
- $35.98 - $35.98
- 52-Week Range
- $28.18 - $37.80
- Previous Close
- $35.28
- Volume
- N/A
- Average Volume (3M)
- 9,239
- Market Cap
- $9.54B
- Enterprise Value
- $8.59B
- Total Cash (Recent Filing)
- $2.95B
- Total Debt (Recent Filing)
- $1.19B
- Price to Earnings (P/E)
- 4.3
- Beta
- 0.67
- Next Earnings
- Mar 23, 2027 (Est.)
- EPS Estimate
- 0.68
- Last Dividend Ex-Date
- Oct 16, 2026
- Dividend Yield
- 1.80%
Bulls Say, Bears Say
Bulls Say
Recurring Revenue And Customer Visibility
A large aftermarket and contracted-revenue base supports repeat business, customer retention and better visibility than purely project-based sales. This installed-base exposure can help stabilize demand, sustain service economics and reinforce competitive positioning across the planning horizon.
Margin Improvement And Operational Discipline
Stable-to-improving operating margins, pricing execution and delivered cost savings indicate that profitability is supported by operational actions rather than revenue growth alone. These benefits can strengthen earnings resilience and provide a foundation for reaching the 21% to 23% medium-term margin target.
Structural Growth From Aerospace And Data Centers
The DRC acquisition adds exposure to data-center demand linked to AI and cloud investment, while Aerospace is benefiting from strong growth and long-term programs. Together, these areas broaden the portfolio toward markets with identifiable structural expansion and recurring customer needs.
Bears Say
Recent Revenue Contraction
The latest annual revenue decline weakens the evidence of consistent top-line momentum and can reduce operating leverage if fixed costs do not adjust quickly. Although some businesses are growing, the group must overcome uneven end-market demand to establish a more durable growth trajectory.
Weaker Cash Conversion
Recent deterioration in operating cash flow and free cash flow means reported earnings are converting less reliably into funds available for investment, debt reduction or shareholder returns. If working-capital effects or other pressures persist, financial flexibility and confidence in earnings quality may remain constrained.
Continuing Middle East Disruption
Ongoing regional disruption creates a defined near-term drag on John Crane through delayed maintenance, deferred projects, lower customer spending and slower receivables collection. Its continuation into FY27 can pressure revenue, working capital and execution before the business begins to annualize the impact.
Smiths Group News
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Company Description
Smiths Group
Smiths Group plc is a global technology enterprise, delivering specialized solutions to a wide array of markets, including medical technology, defense and security, industrial manufacturing, energy, and aerospace. The company's operations are structured into five distinct divisions: The John Crane division specializes in precision mechanical components, offering products such as mechanical seals, seal support systems, fluid film bearings, packing materials, power transmission couplings, and advanced filtration systems. Smiths Detection provides sophisticated sensor and system technologies engineered to identify threats like explosives, illicit narcotics, weaponry, chemical and biological agents, and contraband. Through its Flex-Tek division, Smiths Group supplies engineered components for heating and conveying fluids and gases, serving the aerospace, medical, industrial, construction, and domestic appliance sectors. The Smiths Interconnect division develops specialized electronic and radio frequency (RF) devices, including board-level and waveguide products, connectors, cables, test sockets, and sub-systems, utilized across security and defense, healthcare, general industrial, and aerospace markets. Lastly, the Smiths Medical division offers essential medical equipment, encompassing infusion systems, vascular access devices, patient airway management tools, and temperature control apparatus, as well as specialized products for diagnostics and emergency patient transportation. Founded in 1851 as Smiths Industries, the company was rebranded as Smiths Group plc in 2000. Its global activities are managed from its headquarters in London, United Kingdom.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Roland Henry Clyne Carter
- Employees
- 10,435
- Website
- www.smiths.com
- Address
- Arbor, Bankside Yards, London, GL, SE1 9AX, GB
Smiths Group (SMGZY) Earnings & Revenues
SMGZY Company Deck
SMGZY Earnings Call
Earnings Call SentimentPositive
The call was strongly positive overall. Management highlighted successful portfolio transformation, resilient fiscal year 2026 financial performance, strong cash generation, substantial shareholder returns, favorable Aerospace and DRC momentum, operational savings and clear fiscal year 2027 growth and margin guidance. These positives outweighed the stated challenges from Middle East disruption, weak U.S. residential construction, Thermal Solutions declines, tariffs, working capital effects and higher tax and finance costs.
View all SMGZY earnings summariesTechnical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 17 | 5 | 0 |
| Technical Analysis | 5 | 5 | 0 |
| Moving Averages | 12 | 0 | 0 |








