Christopher Aldersley Buys 2 Shares of Cranswick (LON:CWK) Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley acquired 2 shares of the firm’s stock in a transaction that occurred on Tuesday, July 21st. The shares were purchased at an average price of GBX 5,415 per share, with a total value of £108.30.

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

• On Monday, June 22nd, Christopher Aldersley bought 3 shares of Cranswick stock. The stock was purchased at an average cost of GBX 5,450 per share, for a total transaction of £163.50.
• On Thursday, May 21st, Christopher Aldersley bought 3 shares of Cranswick stock. The stock was purchased at an average price of GBX 5,503 per share, for a total transaction of £165.09.
• 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 value of £492,300.

Cranswick Price Performance

Shares of CWK opened at GBX 5,440 on Thursday. The stock has a market capitalization of £2.91 billion, a P/E ratio of 18.75, a P/E/G ratio of 2.62 and a beta of 0.56. Cranswick plc has a twelve month low of GBX 4,805 and a twelve month high of GBX 5,810. The company has a 50 day moving average of GBX 5,507.79 and a 200-day moving average of GBX 5,332.30. The company has a quick ratio of 1.02, a current ratio of 1.76 and a debt-to-equity ratio of 23.26.

Cranswick (LON:CWK) last announced its quarterly earnings data on Tuesday, May 19th. The company reported GBX 301.70 EPS for the quarter. The business had revenue of GBX 298.25 billion for the quarter. Cranswick had a net margin of 5.31% and a return on equity of 14.99%. As a group, equities research analysts forecast that Cranswick plc will post 258.5590189 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on CWK shares. Jefferies Financial Group reissued a “buy” rating and set a GBX 62 price target on shares of Cranswick in a research report on Wednesday, May 20th. Royal Bank Of Canada upgraded Cranswick to an “outperform” rating and raised their price objective for the company from GBX 5,500 to GBX 6,100 in a report on Wednesday, May 27th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 5,770 target price on shares of Cranswick in a research report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 6,100 target price on shares of Cranswick in a report on Wednesday, May 20th. Finally, Shore Capital Group reissued a “house stock” rating on shares of Cranswick in a research report on Tuesday, May 19th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Cranswick presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 4,706.40.

Cranswick Company Profile

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of c. £3.0 billion. The business employs over 16,000 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.