Oxford Instruments Delays FY2024/25 Results Announcement

Oxford Instruments ( (GB:OXIG) ) has provided an update.

Oxford Instruments plc has announced a delay in the publication of its preliminary results for FY2024/25 due to additional time requested by its auditors, BDO LLP, to complete standard audit procedures. Despite the delay, the company had previously reported strong performance in line with market expectations in its full-year trading update. The presentation to analysts will be rescheduled, and the results will be announced at the earliest opportunity.

The most recent analyst rating on (GB:OXIG) stock is a Hold with a £2240.00 price target. To see the full list of analyst forecasts on Oxford Instruments stock, see the GB:OXIG Stock Forecast page.

Spark’s Take on GB:OXIG Stock

According to Spark, TipRanks’ AI Analyst, GB:OXIG is a Neutral.

Oxford Instruments’ overall score is driven by its strong financial health, characterized by consistent revenue growth and robust profitability. However, the bearish technical indicators suggest caution in the short term. The stock is reasonably valued, which supports a moderate overall score.

To see Spark’s full report on GB:OXIG stock, click here.

More about Oxford Instruments

Oxford Instruments is a leading provider of high technology products and services to industry and scientific research communities, with a focus on materials analysis, semiconductors, and healthcare & life science. The company is known for its innovation-driven growth, supporting breakthroughs in productivity and decarbonisation, and holds a unique position in connecting academic researchers with commercial applications. Founded in 1959 as the first technology business spun out from Oxford University, it is now a global FTSE250 company listed on the London Stock Exchange.

Average Trading Volume: 153,258

Technical Sentiment Signal: Sell

Current Market Cap: £1.05B

See more insights into OXIG stock on TipRanks’ Stock Analysis page.