Games Workshop Group (LON:GAW) Hits New 1-Year High – Here’s Why

Games Workshop Group PLC (LON:GAW)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as £199.80 and last traded at £199.60, with a volume of 1854120 shares traded. The stock had previously closed at £193.85.

Analyst Upgrades and Downgrades

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

Games Workshop Group Trading Up 3.4%

The stock has a market cap of £6.62 billion, a price-to-earnings ratio of 32.09, a PEG ratio of 0.41 and a beta of 0.95. The company has a quick ratio of 2.33, a current ratio of 3.83 and a debt-to-equity ratio of 27.35. The business has a 50-day moving average of £176.01 and a 200-day moving average of £174.06.

Games Workshop Group (LON:GAW) last released 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%. As a group, research analysts forecast that Games Workshop Group PLC will post 448.9953023 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Mark Lam acquired 110 shares of Games Workshop Group stock in a transaction that occurred on Wednesday, March 11th. The stock was purchased at an average price of £171.39 per share, with a total value of £18,852.90. Also, insider Kevin Rountree acquired 124 shares of Games Workshop Group stock in a transaction that occurred on Wednesday, January 28th. The shares were purchased at an average cost of £176.51 per share, with a total value of £21,887.24. 7.93% of the stock is currently owned by company insiders.

About Games Workshop Group

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.