Goodwin (LON:GDWN) Releases Earnings Results

Goodwin (LON:GDWN) issued its quarterly earnings results on Tuesday. The company reported GBX 738.44 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Goodwin had a net margin of 15.93% and a return on equity of 33.12%.

Goodwin Stock Performance

Shares of GDWN traded up GBX 240 during mid-day trading on Tuesday, hitting £187. The stock had a trading volume of 25,927 shares, compared to its average volume of 167,956. Goodwin has a 52 week low of GBX 9,292.59 and a 52 week high of £285. The company has a debt-to-equity ratio of 27.99, a current ratio of 1.13 and a quick ratio of 1.00. The business has a fifty day moving average price of £179.60 and a 200-day moving average price of £172.89. The firm has a market cap of £1.43 billion, a P/E ratio of 35.42 and a beta of 0.66.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Goodwin in a report on Friday.

Goodwin Company Profile

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.