SPIRENT COMMUNICATIONS PLC ORD 3 1/3P chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.99
Dividend & Yield0.06£ (2.06%)
Beta 0.48
Market capitalization 1.64B
Operating cash flow 107.5M
ESG Scores unknown

Company description

Spirent Communications plc provides automated test and assurance solutions for networks, cybersecurity, and positioning in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in Lifecycle Service Assurance and Networks & Security segments. The Lifecycle Service Assurance segment provides testing solutions for 5G mobile core networks, and cellular and Wi-Fi devices in the lab, as well as diagnoses, troubleshoots, and resolves issues with production networks and services. The Networks & Security segment develops test methodologies, tools, and services for virtualised networks, cloud, and proactive security validation; and offers Ethernet/IP performance testing solutions, as well as provides navigation satellite system test and simulation solutions while addressing opportunities in the broader positioning, navigation, and timing market. The company was formerly known as Spirent plc and changed its name to Spirent Communications plc in May 2006. Spirent Communications plc was founded in 1936 and is headquartered in Crawley, the United Kingdom.

Sector: Technology - Industry: Software—Infrastructure

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -7.2M 15.7M 4.7M 23.8M
Total Cashflows From Investing Activities -7.5M -10.8M -7M -60.2M
Net Borrowings -8.6M -8.6M -10.2M -8.9M
Total Cash From Financing Activities -57.3M -47.5M -57.1M -109.2M
Change To Operating Activities 5.2M -10.4M -4.4M -12.9M
Issuance Of Stock
Net Income 55.8M 78M 84.4M 89.2M
Change In Cash -6.8M 61.6M 58M -66.4M
Effect Of Exchange Rate -2.2M 600k 900k 100k
Total Cash From Operating Activities 60.2M 119.3M 121.2M 102.9M
Depreciation 20.8M 24.3M 22M 25.3M
Change To Account Receivables -11.5M -4.4M 10.7M -31.7M
Other Cashflows From Financing Activities -1.7M -1.7M -1.4M -1.6M
Change To Netincome -1.2M 9.1M 5.3M 11.4M
Capital Expenditures -12M -10.9M -9.5M -10.2M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 96.9M 96.5M 103.1M 113.3M
Income Before Tax 61.2M 89.6M 95.8M 103.6M
Net Income 55.8M 78M 84.4M 89.2M
Selling General Administrative 170.5M 179.1M 181.3M 202.4M
Gross Profit 344.5M 368.6M 383.4M 424.7M
Ebit 70.6M 88.3M 99M 109M
Operating Income 70.6M 88.3M 99M 109M
Interest Expense -1.7M -1.7M -1.4M -1.1M
Income Tax Expense 5.4M 11.6M 11.4M 14.4M
Total Revenue 476.9M 503.6M 522.4M 576M
Cost Of Revenue 132.4M 135M 139M 151.3M
Total Other Income ExpenseNet -9.4M 1.3M -3.2M -5.4M
Net Income From Continuing Ops 55.8M 78M 84.4M 89.2M
Net Income Applicable To Common Shares 55.8M 78M 84.4M 89.2M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 157.4M 202.4M 207M 243.8M
Total Stockholder Equity 355.3M 402.3M 442.8M 447.5M
Other Current Liabilities 70.4M 67.4M 75.8M 82.5M
Total Assets 512.7M 604.7M 649.8M 691.3M
Common Stock 26M 26.8M 27.9M 27.5M
Other Current Assets 500k 600k 800k 1.2M
Retained Earnings 261.1M 306.2M 345.7M 350.7M
Treasury Stock 42.5M 42.7M 41.6M 42.1M
Cash 121.6M 183.2M 241.2M 174.8M
Total Current Liabilities 130.2M 154.4M 155.2M 176.7M
Other Stockholder Equity 42.5M 42.7M 41.6M 42.1M
Property, Plant, and Equipment 36.1M 55.5M 49.1M 49.7M
Total Current Assets 289.1M 347.7M 397M 368.6M
Net Tangible Assets 197.3M 242M 282.9M 239.3M
Net Receivables 128.3M 133.7M 123.7M 155.5M
Accounts Payable 12.9M 24.6M 9.4M 12.9M


Insider Transactions

Here are the insider transactions of stock shares related to SPIRENT COMMUNICATIONS PLC ORD 3 1/3P:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Bell (Paula)Bought at price 2.84 per share.D2022-09-2647
Bell (Paula)D2022-09-2647
Bell (Paula)Bought at price 2.99 per share.D2022-09-1620
Bell (Paula)Bought at price 3.06 per share.D2022-08-2448
Bell (Paula)D2022-08-2448
Bell (Paula)Bought at price 3.25 per share.D2022-07-2546
Bell (Paula)D2022-07-2546
Bell (Paula)Bought at price 2.92 per share.D2022-05-2454
Bell (Paula)D2022-05-2454
Bell (Paula)D2022-05-17241.6k
Bell (Paula)Sold at price 2.82 per share.D2022-05-17116.88k
Martin Currie Investment Management Ltd.D2022-05-17178.62k
Updyke (Eric)D2022-05-17465.82k
Updyke (Eric)Sold at price 2.82 per share.D2022-05-17183.74k
Bullard (Gary Bruce)Bought at price 2.81 per share.D2022-05-138.73k
Bullard (Gary Bruce)Bought at price 2.72 per share.D2022-05-12317
Bell (Paula)Bought at price 2.83 per share.D2022-05-1129
Updyke (Eric)D2022-05-05219.04k
Updyke (Eric)Sold at price 2.94 per share.D2022-05-0586.43k
Martin Currie Investment Management Ltd.D2022-05-033.61M
Updyke (Eric)Bought at price 2.48 per share.D2022-04-293.5k
Bell (Paula)Bought at price 2.84 per share.D2022-04-2556
Bell (Paula)D2022-04-2556
Bell (Paula)Bought at price 3.27 per share.D2022-03-2450
Bell (Paula)D2022-03-2450
Morley Fund Management LtdD2022-03-16163.9k
Morley Fund Management LtdD2022-03-10
Masri (Edgar)D2022-03-10
PrimeStone Capital L.L.P.D2022-03-10
Schroders PlcD2022-03-10
Silver (Jonathan Charles)D2022-03-10
Teleios Capital Partners LLCD2022-03-10
Thomas (William G)D2022-03-10
Updyke (Eric)D2022-03-10
Standard Life Investments LtdD2022-03-10
Sun Life Assurance Company of CanadaD2022-03-10
Bell (Paula)D2022-03-10
Brandes Investment Partners (Brandes), L.P.D2022-03-10
Bullard (Gary Bruce)D2022-03-10
AXA Framlington Investment ManagementD2022-03-10
Aberforth Partners LLPD2022-03-10
Artemis Investment Management LtdD2022-03-10
BlackRock Investment Management (UK) Ltd.D2022-03-10
Columbia Threadneedle Investments (UK)D2022-03-10
M & G Investment Management, Ltd.D2022-03-10
Liontrust Asset Management PlcD2022-03-10
Kames CapitalD2022-03-10
Franklin Templeton Fund Management Ltd.D2022-03-10
Morley Fund Management LtdD2022-03-02102.79k
Bell (Paula)Bought at price 3.17 per share.D2022-02-2453
Bell (Paula)D2022-02-2453

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to SPIRENT COMMUNICATIONS PLC ORD 3 1/3P. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

Here is the result of two systematic investment strategies applied to SPIRENT COMMUNICATIONS PLC ORD 3 1/3P. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

The following chart shows the equity curve of the two systematic investment strategies applied to SPIRENT COMMUNICATIONS PLC ORD 3 1/3P:

SPIRENT COMMUNICATIONS PLC ORD 3 1/3P automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 43.62% on the backtest period.

Performance at glance

Performance

43.62 %

Latent gain

870.5 £

Invested capital

1995.5 £

Annualized return

10.59 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

This is the result of two momentum investment strategies applied to SPIRENT COMMUNICATIONS PLC ORD 3 1/3P. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

The following chart shows all the entries opened by the momentum investment system on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P:

SPIRENT COMMUNICATIONS PLC ORD 3 1/3P momentum entries
  • The first momentum investment strategy would give 64.04% of return on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P. That represents 3580.4£ of latent gain with 5590.8£ of employed capital.
  • The second momentum investment strategy would give 62.43% of return on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P. That represents 2313.3£ of latent gain with 3705.3£ of employed capital.
Performance at glance (1Q Momentum)

Performance

64.04 %

Latent gain

3580.4 £

Invested capital

5590.8 £

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

62.43 %

Latent gain

2313.3 £

Invested capital

3705.3 £

Annualized return

17.15 %

Momentum equity curve on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

The following chart shows the equity curve of the two momentum strategies applied to SPIRENT COMMUNICATIONS PLC ORD 3 1/3P:

SPIRENT COMMUNICATIONS PLC ORD 3 1/3P momentum equity

Note: the dividends potentially given by SPIRENT COMMUNICATIONS PLC ORD 3 1/3P are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

The following chart shows the employed capital evolution of the two momentum strategies on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P since the beginning:

SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

Buy the dip entry openings on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

The performance achieved by the robo-advisor on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows SPIRENT COMMUNICATIONS PLC ORD 3 1/3P stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of SPIRENT COMMUNICATIONS PLC ORD 3 1/3P, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

0.0 %

Equity curve of the strategy applied to SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

The following chart shows the result of the investment strategy applied to SPIRENT COMMUNICATIONS PLC ORD 3 1/3P:

SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

Note: the dividends potentially given by SPIRENT COMMUNICATIONS PLC ORD 3 1/3P are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

The following chart shows the employed capital evolution since the beginning of the investment strategy on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P:

SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

In this section, I will compare the three previous investment strategies applied to SPIRENT COMMUNICATIONS PLC ORD 3 1/3P.

Equity curve comparison on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

SPIRENT COMMUNICATIONS PLC ORD 3 1/3P investment strategy comparison

Employed capital comparison on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

SPIRENT COMMUNICATIONS PLC ORD 3 1/3P investment comparison

Performance comparison on SPIRENT COMMUNICATIONS PLC ORD 3 1/3P

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 43.62% 870.5£ 1995.5£ 10.59%
Momentum 1 quarter 64.04% 3580.4£ 5590.8£ 16.51%
Momentum 2 quarters 62.43% 2313.3£ 3705.3£ 17.15%
Non-directional 0% 0.0£ 0.0£ 0.0%
Annualized return comparison

Automatic investment

10.59 %

Momentum 1Q

17.15 %

Momentum 2Q

17.15 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with SPIRENT COMMUNICATIONS PLC ORD 3 1/3P:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • DISA
  • MILESTONE BUILD

  • Note: The algorithm computes the probability of correlation between SPIRENT COMMUNICATIONS PLC ORD 3 1/3P and the other stocks. There may be false positives or some missing correlated stocks. If the price of SPIRENT COMMUNICATIONS PLC ORD 3 1/3P does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name SPIRENT COMMUNICATIONS PLC ORD 3 1/3P
    Country United Kingdom
    City Crawley
    Address Origin One
    Phone 44 12 9376 7676
    Website corporate.spirent.com
    FullTime employees 1568
    Industry Software—Infrastructure
    Sector Technology
    Exchange XLON
    Ticker SPT.XLON
    Market www.londonstockexchange.com

    SPIRENT COMMUNICATIONS PLC ORD 3 1/3P ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown