Dowlais Group (LON:DWL) Hits New 12-Month High - Should You Buy?

Key Points

• Dowlais Group shares reached a new 52-week high of GBX 80 ($1.08) during trading, closing at GBX 79.59 ($1.07) with over 194,000 shares traded.
• Analyst ratings have varied, with Royal Bank of Canada downgrading the stock to a "sector perform" and Jefferies maintaining a hold rating with a target price of GBX 75.
• The company's latest quarterly report showed an earnings per share of GBX 5.60, but it faces challenges with a negative return on equity of 21.02% and a negative net margin of 11.24%.

Dowlais Group plc (LON:DWL - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 80 ($1.08) and last traded at GBX 79.59 ($1.08), with a volume of 194985 shares traded. The stock had previously closed at GBX 79.10 ($1.07).

Analyst Upgrades and Downgrades

Several research firms have issued reports on DWL. Royal Bank Of Canada downgraded Dowlais Group to a "sector perform" rating in a report on Tuesday, August 19th. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 75 price objective on shares of Dowlais Group in a report on Thursday, August 7th. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of GBX 65.

Dowlais Group Stock Performance

The stock's 50-day moving average is GBX 72.42 and its 200 day moving average is GBX 66.56. The firm has a market cap of £1.03 billion and a P/E ratio of -625.79.

Dowlais Group (LON:DWL - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported GBX 5.60 EPS for the quarter. Dowlais Group had a negative net margin of 11.24% and a negative return on equity of 21.02%. On average, research analysts anticipate that Dowlais Group plc will post 13.5660848 EPS for the current year.

Dowlais Group Company Profile

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.