Games Workshop Group (LON:GAW) Share Price Passes Above Fifty Day Moving Average - What's Next?

Key Points

• Technical breakout: Games Workshop's share price crossed above its 50-day moving average (£173.06), trading as high as £183.50 and last at £180 on volume of 87,044, up about 4.2%.
• Analyst sentiment: Jefferies raised its price target to £218.50 and gave a "buy" rating, while MarketBeat's consensus is a "Buy" with an average target of £199.25.
• Fundamentals & insider activity: The stock has a £6.20bn market cap, P/E of 30.03 and strong profitability (ROE 68.8%, net margin 31.75%); insiders recently bought shares and own 7.93% collectively.

Games Workshop Group PLC (LON:GAW - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of £173.06 and traded as high as £183.50. Games Workshop Group shares last traded at £180, with a volume of 87,044 shares.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group raised their price objective on Games Workshop Group from £210 to £218.50 and gave the stock a "buy" rating in a research report on Monday, January 19th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Games Workshop Group has a consensus rating of "Buy" and a consensus target price of £199.25.

Games Workshop Group Stock Up 4.2%

The business has a 50-day moving average of £173.06 and a 200-day moving average of £172.25. The company has a debt-to-equity ratio of 27.35, a quick ratio of 2.33 and a current ratio of 3.83. The stock has a market capitalization of £6.20 billion, a price-to-earnings ratio of 30.03, a P/E/G ratio of 0.41 and a beta of 0.95.

Games Workshop Group (LON:GAW - Get Free Report) last issued its quarterly earnings data on Tuesday, January 13th. The company reported GBX 319.90 earnings per share (EPS) for the quarter. Games Workshop Group had a return on equity of 68.80% and a net margin of 31.75%. On average, sell-side analysts expect that Games Workshop Group PLC will post 448.9953023 EPS for the current year.

Insider Transactions at Games Workshop Group

In other news, insider Mark Lam bought 110 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was bought at an average cost of £171.39 per share, for a total transaction of £18,852.90. Also, insider Kevin Rountree bought 124 shares of the stock in a transaction that occurred on Wednesday, January 28th. The shares were purchased at an average price of £176.51 per share, with a total value of £21,887.24. Company insiders own 7.93% of the company's stock.

Games Workshop Group Company Profile

Games Workshop Group PLC, together with its subsidiaries, designs, manufactures, distributes, and sells miniature figures and games in the United Kingdom, Continental Europe, North America, Australia, New Zealand, Asia, and internationally. It operates in two segments, Core and Licensing. The company offers games under the Warhammer: Age of Sigmar, Necromunda, and Warhammer 40,000 names, as well as Horus Heresy and Blood Bowl. It also publishes short stories, audio dramas, full length novels, and audio books under the Black Library name; and develops digital content for animation and TV.

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