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Goodricke Group Share Price Target 2024, 2025, 2026 to 2039 With Charts
Goodricke Group Limited | |||
 | Symbol: GOODRICKE | ||
| Price: ₹254.89 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 0.1: Goodricke Group Financial Performance
- 0.1.1: Is Goodricke Group A Good Buy For Long Term?
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Goodricke Group Share Price Target For 2024
- 1.1.1: Goodricke Group Share Price Target Table For 2024
- 1.1.2: Summary: Goodricke Group Share Price Prediction For 2024
- 1.2: Goodricke Group Share Price Target For 2025
- 1.2.1: Goodricke Group Share Price Target Table For 2025
- 1.2.2: Summary: Goodricke Group Share Price Prediction For 2025
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Goodricke Group Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 2.2: Goodricke Group Share Price Target Table From 2024, 2025, 2026 to 2039
- 3: Goodricke Group Past Performance
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Goodricke Group Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 540 Crore | Market valuation of Goodricke Group's shares. |
| Revenue (TTM) | 823.97 Crore | Total revenue generated by Goodricke Group over the past twelve months. |
| Net Income (TTM) | -69.3 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -6.74% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 60.55% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +51.58% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +19.14% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 0.52 | Company's total debt divided by total shareholder equity. |
| Total Debt | 125.5 Crore | Sum of Goodricke Group's current & long-term financial obligations. |
| Total Cash | 11.7 Crore | Total amount of liquid funds available to Goodricke Group. |
Is Goodricke Group A Good Buy For Long Term?
Goodricke Group's recent performance is a mixed bag. While revenue is growing, a significant loss in the last 12 months (TTM) and a high debt-to-equity ratio are red flags. The company's low cash balance adds to these concerns. Despite strong short-term returns, the past 3 and 5-year returns indicate long-term underperformance. Considering these factors, Goodricke Group is currently not a good buy for the long term. Investors should closely monitor the company's financial health and earnings potential before considering an investment.
To predict the Goodricke Group's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Goodricke Group Share Price Target For 2024
The line chart displays the monthly closing prices of Goodricke Group with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Goodricke Group shares in 2024, see the table below.
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Goodricke Group Share Price Target Table For 2024
| Goodricke Group's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 273.00 (+7.1%) | Price Action: Nov 2017 Low |
| 2024 Target 2 | 270.00 (+5.92%) | Price Action: Sep 2020 Low |
| 2024 Target 1 | 267.00 (+4.75%) | Price Action: Jun 2017 High |
| Current Price | 254.89 | Goodricke Group's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 249.65 (-2.06%) | Price Action: Oct 2018 Low |
| Stop Loss 2 | 247.00 (-3.1%) | Price Action: Mar 2021 High |
| Stop Loss 3 | 243.95 (-4.3%) | Price Action: 02 Sep 2024 High |
Summary: Goodricke Group Share Price Prediction For 2024
In summary, Goodricke Group has surged by ₹57.94, achieving a notable +29.42% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Goodricke Group for 2024 predicts an additional rise of 4.75% to 7.1% by the end of 2024 with three potential targets T1: 267.00, T2: 270.00, T3: 273.00. Stop Loss at SL1: 249.65, SL2: 247.00, SL3: 243.95.
Goodricke Group has a 52-week high of ₹265.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹159.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Goodricke Group.
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Goodricke Group Share Price Target For 2025
The line chart displays the monthly closing prices of Goodricke Group with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Goodricke Group shares in 2025, see the table below.
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Goodricke Group Share Price Target Table For 2025
| Goodricke Group's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 332.47 (+30.43%) | Price Action: Chart |
| 2025 Target 2 | 326.27 (+28%) | Price Action: Chart |
| 2025 Target 1 | 323.04 (+26.73%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 254.89 | Goodricke Group's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 236.50 (-7.22%) | Price Action: 28 Aug 2024 Low |
| Stop Loss 2 | 234.05 (-8.18%) | Price Action: 03 Sep 2024 Low |
| Stop Loss 3 | 231.00 (-9.38%) | Price Action: Jun 2017 Low |
Summary: Goodricke Group Share Price Prediction For 2025
In summary, Goodricke Group has surged by ₹57.94, achieving a notable +29.42% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Goodricke Group for 2025 predicts an additional rise of 26.73% to 30.43% by the end of 2025 with three potential targets T1: 323.04, T2: 326.27, T3: 332.47. Stop Loss at SL1: 236.50, SL2: 234.05, SL3: 231.00.
Goodricke Group has a All-Time high of ₹545.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹159.00, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Goodricke Group, we have created a specific page for that check here: Goodricke Group Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Goodricke Group Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Goodricke Group share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 11.61% over the next 15 years.
For complete year by year Goodricke Group long term share price target from 2024, 2025 to 2039 check the below table.
Goodricke Group Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Goodricke Group Target | YoY Change % |
|---|---|---|
| 2024 | ₹254.89 | [Current Price] |
| 2024 | ₹219.82 | -13.76% |
| 2025 | ₹281.72 | 28.15% |
| 2026 | ₹324.69 | 15.25% |
| 2027 | ₹378.69 | 16.63% |
| 2028 | ₹421.34 | 11.26% |
| 2029 | ₹479.99 | 13.91% |
| 2030 | ₹551.32 | 14.86% |
| 2031 | ₹585.5 | 6.19% |
| 2032 | ₹640.78 | 9.44% |
| 2033 | ₹677.49 | 5.72% |
| 2034 | ₹740.15 | 9.24% |
| 2035 | ₹820.93 | 10.91% |
| 2036 | ₹846.31 | 3.09% |
| 2037 | ₹902.87 | 6.68% |
| 2038 | ₹933.64 | 3.4% |
| 2039 | ₹1,023.14 | 9.58% |
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Goodricke Group Past Performance
- In 2000, Goodricke Group opening price was ₹71.45
- As of Fri 06 Sep 2024 the price stands at ₹254.89.
- This represents a Compound Annual Growth Rate (CAGR) of 5.22%.
- In 24 years, an investment of 10,000 would have become ₹35,673.89.
As we wrap up, we hope you like our study on Goodricke Group share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
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Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
