James Cropper (LON:CRPR) Sets New 12-Month High – Still a Buy?

James Cropper PLC (LON:CRPR)’s share price reached a new 52-week high on Wednesday. The company traded as high as GBX 730 and last traded at GBX 710, with a volume of 27,364 shares trading hands. The stock had previously closed at GBX 685.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group restated a “house stock” rating on shares of James Cropper in a research note on Thursday, July 2nd.

James Cropper Price Performance

The stock has a market cap of £67.84 million, a price-to-earnings ratio of 23.05 and a beta of 0.52. The company has a 50-day simple moving average of GBX 563.11 and a two-hundred day simple moving average of GBX 416.28. The company has a debt-to-equity ratio of 86.70, a quick ratio of 1.31 and a current ratio of 2.01.

James Cropper (LON:CRPR) last announced its quarterly earnings data on Wednesday, July 15th. The company reported GBX 30.80 earnings per share (EPS) for the quarter. James Cropper had a return on equity of 11.95% and a net margin of 2.82%. As a group, equities research analysts forecast that James Cropper PLC will post 10.27 EPS for the current year.

Insider Activity at James Cropper

In other news, insider Jon Yeung bought 7,300 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The stock was acquired at an average cost of GBX 645 per share, with a total value of £47,085. Insiders own 29.56% of the company’s stock.

James Cropper Company Profile

James Cropper is a global market leader in advanced materials and paper products. Led by the Cropper family for six generations, the business has an international workforce and an operational reach in over 50 countries.

Established in 1845, the Group manufactures paper, packaging and advanced materials incorporating pioneering non-wovens and electrochemical coatings.

James Cropper is a specialist provider of niche solutions tailored to a unique customer specification, ranging from substrates and components in hydrogen electrolysis and fuel cells to bespoke colours and textures in paper and moulded fibre packaging designed to replace single use plastics.

The Group operates across multiple markets from luxury retail to renewable energy.