Goodwin (LON:GDWN) Issues Earnings Results

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

Goodwin Stock Down 0.7%

Goodwin stock traded down GBX 120 during midday trading on Tuesday, reaching £183.40. The stock had a trading volume of 30,746 shares, compared to its average volume of 167,985. The company has a fifty day moving average price of £179.60 and a two-hundred day moving average price of £172.89. The company has a market capitalization of £1.40 billion, a P/E ratio of 34.74 and a beta of 0.66. The company has a current ratio of 1.13, a quick ratio of 1.00 and a debt-to-equity ratio of 27.99. Goodwin has a 12 month low of GBX 9,292.59 and a 12 month high of £285.

Wall Street Analysts Forecast Growth

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