Games Workshop Group (LON:GAW) Announces Earnings Results

Games Workshop Group (LON:GAW) issued its earnings results on Tuesday. The company reported GBX 319.90 earnings per share for the quarter, Digital Look Earnings reports. Games Workshop Group had a net margin of 28.74% and a return on equity of 60.82%.

Games Workshop Group Stock Down 1.2%

LON:GAW traded down GBX 220 during midday trading on Tuesday, hitting £186.50. 159,762 shares of the company were exchanged, compared to its average volume of 473,856. The company has a fifty day simple moving average of £183.90 and a 200 day simple moving average of £164.43. The company has a market capitalization of £6.16 billion, a PE ratio of 31.42, a price-to-earnings-growth ratio of 0.41 and a beta of 1.25. Games Workshop Group has a fifty-two week low of £122.50 and a fifty-two week high of £199.70. The company has a current ratio of 3.29, a quick ratio of 2.33 and a debt-to-equity ratio of 18.77.

Wall Street Analysts Forecast Growth

GAW has been the subject of a number of research analyst reports. Jefferies Financial Group increased their price objective on Games Workshop Group from £118.50 to £183 and gave the company a “buy” rating in a report on Wednesday, November 12th. Peel Hunt upgraded Games Workshop Group to a “buy” rating and boosted their price objective for the stock from £165 to £180 in a research note on Thursday, November 20th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Games Workshop Group presently has an average rating of “Buy” and a consensus price target of £181.50.

Insider Buying and Selling

In related news, insider Kevin Rountree purchased 100 shares of Games Workshop Group stock in a transaction dated Friday, November 21st. The stock was bought at an average cost of £184 per share, for a total transaction of £18,400. 7.93% of the stock is currently owned by insiders.

Games Workshop Group Company Profile

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.