Goodwin (LON:GDWN) Sets New 1-Year High - Should You Buy?

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.

Goodwin PLC (LON:GDWN - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 9,180 ($123.45) and last traded at GBX 9,110 ($122.51), with a volume of 10139 shares. The stock had previously closed at GBX 8,640 ($116.19).

Wall Street Analyst Weigh In

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

Goodwin Stock Performance

The firm has a fifty day moving average of GBX 7,767.33 and a 200-day moving average of GBX 7,187.67. The stock has a market capitalization of £732.60 million, a price-to-earnings ratio of 43.34 and a beta of 0.54. The company has a quick ratio of 1.00, a current ratio of 2.21 and a debt-to-equity ratio of 62.10.

Goodwin (LON:GDWN - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported GBX 327.17 ($4.40) earnings per share 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.