Cranswick (LON:CWK) Posts Earnings Results

Cranswick (LON:CWK) issued its quarterly earnings data on Tuesday. The company reported GBX 301.70 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Cranswick had a return on equity of 14.71% and a net margin of 5.17%.The business had revenue of GBX 298.25 billion for the quarter.

Cranswick Stock Performance

CWK stock opened at GBX 5,560 on Tuesday. Cranswick has a twelve month low of GBX 4,805 and a twelve month high of GBX 5,620. The firm has a market cap of £2.98 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 2.62 and a beta of 0.56. The business’s fifty day simple moving average is GBX 5,263.55 and its two-hundred day simple moving average is GBX 5,156.33. The company has a quick ratio of 1.02, a current ratio of 1.78 and a debt-to-equity ratio of 40.43.

Analyst Ratings Changes

A number of research analysts have weighed in on CWK shares. Shore Capital Group reiterated a “house stock” rating on shares of Cranswick in a research report on Tuesday. Berenberg Bank reiterated a “hold” rating and set a GBX 5,770 price target on shares of Cranswick in a report on Tuesday, January 27th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Cranswick in a research report on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 5,790.

Insider Transactions at Cranswick

In other news, insider Mark Bottomley sold 250 shares of the company’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of GBX 5,097, for a total value of £12,742.50. Also, insider Adam Couch sold 347 shares of the business’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of GBX 507, for a total transaction of £1,759.29. Over the last 90 days, insiders bought 8 shares of company stock worth $42,490 and sold 707 shares worth $2,010,739. Corporate insiders own 2.54% of the company’s stock.

About Cranswick

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.