Goodwin (LON:GDWN) Hits New 52-Week High - What's Next?

Key Points

• Goodwin PLC shares reached a new 12-month high, trading at GBX 9,180 ($122.01), reflecting a significant increase from its previous closing price of GBX 8,640 ($114.83).
• The company's recent earnings report indicates a notable EPS of GBX 327.17 ($4.35), with a return on equity of 14.13% and a net margin of 8.84%.
• Shore Capital has restated its "house stock" rating on Goodwin, signaling continued analyst confidence in the stock's performance.

Shares of Goodwin PLC (LON:GDWN - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as GBX 9,180 ($123.47) and last traded at GBX 9,110 ($122.53), with a volume of 10139 shares changing hands. The stock had previously closed at GBX 8,640 ($116.21).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a "house stock" rating on shares of Goodwin in a report on Wednesday, July 30th.

Goodwin Stock Up 0.6%

The company has a debt-to-equity ratio of 62.10, a current ratio of 2.21 and a quick ratio of 1.00. The company has a market cap of £737.17 million, a PE ratio of 43.61 and a beta of 0.54. The company has a fifty day moving average price of GBX 7,822.93 and a 200 day moving average price of GBX 7,202.84.

Goodwin (LON:GDWN - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported GBX 327.17 ($4.40) EPS for the quarter. Goodwin had a return on equity of 14.13% and a net margin of 8.84%.

About Goodwin

Goodwin PLC, together with its subsidiaries, provides mechanical and refractory engineering solutions primarily in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally. The company designs, manufactures, and sells dual plate check valves, axial nozzle check valves and axial piston control, and isolation valves for large construction projects, including the construction of naval vessels, nuclear waste treatment, nuclear power generation, liquefied natural gas, gas, oil, petrochemical, mining, and water markets; submersible slurry pumps; and radar surveillance systems for defense contractors, civil aviation authorities, and coastal border security agencies.