|Day's range||0.00 - 0.00|
|PE ratio (TTM)||26.07|
|Dividend & yield||0.31 (2.19%)|
|1y target est||N/A|
British defence contractor Ultra Electronics said it would buy Sparton Corp for $23.50 per share, giving the maker of anti-submarine warfare devices used by the U.S. Navy an enterprise value of about $234.8 million. The deal will create a major supplier in the underwater warfare market, including to the U.S. Department of Defense, Ultra Electronics said. Ultra Electronics said it worked with Sparton's engineered components and products unit in a joint venture for over 10 years.
Ultra (OTC: UEHPY ) can confirm it is in advanced discussions to acquire the whole of the issued share capital of New York Stock Exchange listed Sparton Corporation (NYSE: SPA ) (Ticker: SPA ). Sparton's ...
Categories: Yahoo FinanceUltra Electronics Holdings Plc relative valuation is now NEUTRAL. It was previously rated UNDERVALUED, and has a fundamental analysis score of 47. Our analysis is based on comparing Ultra Electronics Holdings Plc with the following peers – General Dynamics Corporation, Raytheon Company, Northrop Grumman Corporation, Lockheed Martin Corporation, Chemring Group PLC Unsponsored ADR, BAE Systems ... Read more (Read more...)