Insider Buying: Cranswick (LON:CWK) Insider Acquires £108.30 in Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley bought 2 shares of the company’s stock in a transaction dated Tuesday, July 21st. The stock was bought 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 shares were bought at an average cost of GBX 5,450 per share, for a total transaction of £163.50.
• On Thursday, May 21st, Christopher Aldersley purchased 3 shares of Cranswick stock. The shares were bought 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 Stock Up 0.6%

Shares of CWK opened at GBX 5,480 on Friday. Cranswick plc has a 52-week low of GBX 4,805 and a 52-week high of GBX 5,810. The company has a market cap of £2.93 billion, a PE ratio of 18.88, a P/E/G ratio of 2.62 and a beta of 0.56. The company has a quick ratio of 1.02, a current ratio of 1.76 and a debt-to-equity ratio of 23.26. The business has a fifty day moving average of GBX 5,517.59 and a 200 day moving average of GBX 5,336.94.

Cranswick (LON:CWK) last released its quarterly earnings data on Tuesday, May 19th. The company reported GBX 301.70 earnings per share for the quarter. Cranswick had a return on equity of 14.99% and a net margin of 5.31%.The company had revenue of GBX 298.25 billion for the quarter. On average, sell-side analysts expect that Cranswick plc will post 258.5590189 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Berenberg Bank reissued a “hold” rating and issued a GBX 5,770 price objective on shares of Cranswick in a report on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 62 target price on shares of Cranswick in a research note on Wednesday, May 20th. Royal Bank Of Canada upgraded shares of Cranswick to an “outperform” rating and boosted their target price for the company from GBX 5,500 to GBX 6,100 in a report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 6,100 price target on shares of Cranswick in a research note on Wednesday, May 20th. Finally, Shore Capital Group restated a “house stock” rating on shares of Cranswick in a 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’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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.