Spirent Communications plc

LSE:SPT Stock Report

Market Cap: UK£1.0b

Spirent Communications Management

Management criteria checks 4/4

Spirent Communications' CEO is Eric Updyke, appointed in May 2019, has a tenure of 5.58 years. total yearly compensation is $1.81M, comprised of 51.3% salary and 48.7% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth £1.77M. The average tenure of the management team and the board of directors is 5.8 years and 7.5 years respectively.

Key information

Eric Updyke

Chief executive officer

US$1.8m

Total compensation

CEO salary percentage51.3%
CEO tenure5.6yrs
CEO ownership0.2%
Management average tenure5.8yrs
Board average tenure7.5yrs

Recent management updates

Recent updates

There May Be Reason For Hope In Spirent Communications' (LON:SPT) Disappointing Earnings

Mar 14
There May Be Reason For Hope In Spirent Communications' (LON:SPT) Disappointing Earnings

Why Investors Shouldn't Be Surprised By Spirent Communications plc's (LON:SPT) 51% Share Price Surge

Mar 06
Why Investors Shouldn't Be Surprised By Spirent Communications plc's (LON:SPT) 51% Share Price Surge

Spirent Communications plc's (LON:SPT) Shareholders Might Be Looking For Exit

Jan 17
Spirent Communications plc's (LON:SPT) Shareholders Might Be Looking For Exit

Investors Shouldn't Overlook Spirent Communications' (LON:SPT) Impressive Returns On Capital

Dec 15
Investors Shouldn't Overlook Spirent Communications' (LON:SPT) Impressive Returns On Capital

News Flash: 5 Analysts Think Spirent Communications plc (LON:SPT) Earnings Are Under Threat

Oct 17
News Flash: 5 Analysts Think Spirent Communications plc (LON:SPT) Earnings Are Under Threat

Are Investors Undervaluing Spirent Communications plc (LON:SPT) By 34%?

Sep 07
Are Investors Undervaluing Spirent Communications plc (LON:SPT) By 34%?

Why The 23% Return On Capital At Spirent Communications (LON:SPT) Should Have Your Attention

Apr 26
Why The 23% Return On Capital At Spirent Communications (LON:SPT) Should Have Your Attention

Spirent Communications' (LON:SPT) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 10
Spirent Communications' (LON:SPT) Shareholders Will Receive A Bigger Dividend Than Last Year

Estimating The Fair Value Of Spirent Communications plc (LON:SPT)

Mar 08
Estimating The Fair Value Of Spirent Communications plc (LON:SPT)

Here's Why Spirent Communications (LON:SPT) Has Caught The Eye Of Investors

Jan 16
Here's Why Spirent Communications (LON:SPT) Has Caught The Eye Of Investors

Calculating The Intrinsic Value Of Spirent Communications plc (LON:SPT)

Dec 03
Calculating The Intrinsic Value Of Spirent Communications plc (LON:SPT)

Investors Should Be Encouraged By Spirent Communications' (LON:SPT) Returns On Capital

Oct 26
Investors Should Be Encouraged By Spirent Communications' (LON:SPT) Returns On Capital

Do Spirent Communications' (LON:SPT) Earnings Warrant Your Attention?

Oct 07
Do Spirent Communications' (LON:SPT) Earnings Warrant Your Attention?

Is There An Opportunity With Spirent Communications plc's (LON:SPT) 24% Undervaluation?

Aug 27
Is There An Opportunity With Spirent Communications plc's (LON:SPT) 24% Undervaluation?

Spirent Communications' (LON:SPT) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 07
Spirent Communications' (LON:SPT) Shareholders Will Receive A Bigger Dividend Than Last Year

Calculating The Fair Value Of Spirent Communications plc (LON:SPT)

May 24
Calculating The Fair Value Of Spirent Communications plc (LON:SPT)

Spirent Communications (LON:SPT) Is Investing Its Capital With Increasing Efficiency

May 02
Spirent Communications (LON:SPT) Is Investing Its Capital With Increasing Efficiency

CEO Compensation Analysis

How has Eric Updyke's remuneration changed compared to Spirent Communications's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$13m

Mar 31 2024n/an/a

US$19m

Dec 31 2023US$2mUS$927k

US$25m

Sep 30 2023n/an/a

US$48m

Jun 30 2023n/an/a

US$71m

Mar 31 2023n/an/a

US$85m

Dec 31 2022US$3mUS$769k

US$100m

Sep 30 2022n/an/a

US$97m

Jun 30 2022n/an/a

US$94m

Mar 31 2022n/an/a

US$92m

Dec 31 2021US$3mUS$751k

US$89m

Sep 30 2021n/an/a

US$86m

Jun 30 2021n/an/a

US$82m

Mar 31 2021n/an/a

US$83m

Dec 31 2020US$3mUS$789k

US$84m

Sep 30 2020n/an/a

US$89m

Jun 30 2020n/an/a

US$94m

Mar 31 2020n/an/a

US$86m

Dec 31 2019US$1mUS$545k

US$78m

Compensation vs Market: Eric's total compensation ($USD1.81M) is about average for companies of similar size in the UK market ($USD2.35M).

Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.


CEO

Eric Updyke (58 yo)

5.6yrs

Tenure

US$1,806,152

Compensation

Mr. Eric Allen Updyke has been Chief Executive Officer and Director at Spirent Communications plc since May 1, 2019. He serves as Director at Symend Inc. He served on the Executive Management team of Amdoc...


Leadership Team

NamePositionTenureCompensationOwnership
Eric Updyke
CEO & Director5.6yrsUS$1.81m0.17%
£ 1.8m
Paula Bell
Chief Financial & Operations Officer and Executive Director8.3yrsUS$1.07m0.11%
£ 1.1m
David Larson
CTO and GM of Cloud & IP3.9yrsno datano data
Angus Iveson
Company Secretary & General Counsel10.2yrsno datano data
Nigel Wright
Executive Vice President of Marketingno datano datano data
Manuel Zepeda
Executive Vice President of Global Sales & Servicesno datano datano data
Ann Menard
Global Head of Human Resources5.9yrsno datano data
Rob VanBrunt
President & CEO of Spirent Federal Systemsno datano datano data
Jim Klaassen
Senior Vice President of Global Operationsno datano datano data
Marc Rouanne
Chief Network Officer of Dish Wirelessno datano datano data
Stephen Douglas
Head of Market Strategyno datano datano data
Rajesh Pathak
Country Managing Director of India and SAARC1.5yrsno datano data

5.8yrs

Average Tenure

58yo

Average Age

Experienced Management: SPT's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Eric Updyke
CEO & Director5.6yrsUS$1.81m0.17%
£ 1.8m
Paula Bell
Chief Financial & Operations Officer and Executive Director8.3yrsUS$1.07m0.11%
£ 1.1m
Edgar Masri
Independent Non-Executive Director6.9yrsUS$75.09k0.0035%
£ 35.3k
Jonathan Silver
Senior Independent Non-Executive Director9.5yrsUS$90.38k0.017%
£ 176.5k
Gary Bullard
Independent Non-Executive Director8yrsUS$89.11k0.023%
£ 238.7k
Wendy Meng Koh
Independent Non-Executive Director6.9yrsUS$75.09kno data
William Gennydd Thomas
Non-Executive Chairman8yrsUS$300.47k0.016%
£ 167.5k
Maggie Buggie
Independent Non-Executive Director3.7yrsUS$75.09k0.0036%
£ 36.1k

7.5yrs

Average Tenure

61.5yo

Average Age

Experienced Board: SPT's board of directors are considered experienced (7.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Spirent Communications plc is covered by 22 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alban CousinArete Research Services LLP
Gerardus VosBarclays
Stuart JeffreyBarclays