Insider Buying: Cranswick plc (LON:CWK) Insider Buys 190 Shares of Stock

Cranswick plc (LON:CWK) insider Yetunde Hofmann purchased 190 shares of the stock in a transaction on Wednesday, July 9th. The stock was acquired at an average price of GBX 5,208 ($70.75) per share, with a total value of £9,895.20 ($13,442.74).

Cranswick Stock Up 0.4%

LON CWK opened at GBX 5,160.26 ($70.10) on Friday. The stock has a market cap of £2.78 billion, a PE ratio of 24.56, a P/E/G ratio of 2.62 and a beta of 0.44. Cranswick plc has a fifty-two week low of GBX 4,405 ($59.84) and a fifty-two week high of GBX 5,590 ($75.94). The business has a 50 day moving average price of GBX 5,276.55 and a two-hundred day moving average price of GBX 5,045.86. The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 13.98.

Cranswick (LON:CWK) last released its quarterly earnings results on Tuesday, May 20th. The company reported GBX 273.40 ($3.71) earnings per share for the quarter. Cranswick had a return on equity of 12.64% and a net margin of 4.35%. As a group, sell-side analysts predict that Cranswick plc will post 258.5590189 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on CWK shares. Berenberg Bank restated a “hold” rating and issued a GBX 5,370 ($72.95) price target on shares of Cranswick in a report on Monday, March 31st. Shore Capital restated a “house stock” rating on shares of Cranswick in a report on Tuesday, May 20th.

Cranswick Company Profile

Cranswick is a leading and innovative British supplier of premium, fresh and added value food products, with revenues in excess of £2.0 billion. We produce and supply premium food to UK grocery retailers, the food service sector and other global food producers.

Our core market is the United Kingdom where we provide a range of high quality, predominantly fresh food including Fresh Pork, Poultry, Convenience and Gourmet Products and more recently have further expanded our portfolio by adding high quality pet food.