Cranswick (LON:CWK) Insider Buys £165.09 in Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley bought 3 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were bought at an average cost of GBX 5,503 per share, with a total value of £165.09.

Christopher Aldersley also recently made the following trade(s):

• On Tuesday, May 19th, Christopher Aldersley sold 9,000 shares of Cranswick stock. The shares were sold at an average price of GBX 5,470, for a total transaction of £492,300.
• On Tuesday, April 21st, Christopher Aldersley bought 3 shares of Cranswick stock. The shares were bought at an average cost of GBX 5,400 per share, with a total value of £162.
• On Monday, March 23rd, Christopher Aldersley bought 3 shares of Cranswick stock. The shares were bought at an average cost of GBX 5,170 per share, with a total value of £155.10.

Cranswick Stock Performance

CWK opened at GBX 5,460 on Tuesday. The stock has a market capitalization of £2.92 billion, a price-to-earnings ratio of 20.18, a PEG ratio of 2.62 and a beta of 0.56. The company has a fifty day moving average of GBX 5,290.55 and a 200 day moving average of GBX 5,176.04. Cranswick plc has a fifty-two week low of GBX 4,805 and a fifty-two week high of GBX 5,620. The company has a debt-to-equity ratio of 23.60, a quick ratio of 1.02 and a current ratio of 1.76.

Cranswick (LON:CWK) last posted its earnings results on Tuesday, May 19th. The company reported GBX 301.70 earnings per share for the quarter. The company had revenue of GBX 298.25 billion during the quarter. Cranswick had a net margin of 5.31% and a return on equity of 14.99%. As a group, sell-side analysts forecast that Cranswick plc will post 258.5590189 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CWK. Shore Capital Group reaffirmed a “house stock” rating on shares of Cranswick in a research note on Tuesday, May 19th. Jefferies Financial Group restated a “buy” rating and issued a GBX 62 target price on shares of Cranswick in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 6,100 target price on shares of Cranswick in a research report on Wednesday, May 20th. Finally, Berenberg Bank reaffirmed a “hold” rating and issued a GBX 5,770 price target on shares of Cranswick in a report on Tuesday. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Cranswick presently has an average rating of “Moderate Buy” and a consensus target price of GBX 4,358.

Cranswick Company Profile

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of more than £2.7 billion. The business employs over 15,400 people and operates from 23 well-invested, highly efficient facilities in the UK. Cranswick was formed in the early 1970s by farmers in East Yorkshire to produce animal feed and has since evolved into a business which produces a range of high-quality, predominantly fresh food, including fresh pork, poultry, convenience, gourmet products and pet food.