Insider Buying: Cranswick (LON:CWK) Insider Acquires £107.80 in Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley bought 2 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was bought at an average cost of GBX 5,390 per share, with a total value of £107.80.

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

• On Wednesday, January 21st, Christopher Aldersley purchased 3 shares of Cranswick stock. The shares were purchased at an average cost of GBX 5,060 per share, for a total transaction of £151.80.
• On Monday, December 22nd, Christopher Aldersley acquired 3 shares of Cranswick stock. The stock was purchased at an average cost of GBX 4,965 per share, with a total value of £148.95.

Cranswick Price Performance

Cranswick stock opened at GBX 5,397.13 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 13.98. The stock has a market cap of £2.89 billion, a P/E ratio of 19.95, a PEG ratio of 2.62 and a beta of 0.44. The company has a 50-day moving average price of GBX 5,150.94 and a 200 day moving average price of GBX 5,086.37. Cranswick plc has a 12-month low of GBX 4,590 and a 12-month high of GBX 5,590.

Cranswick (LON:CWK) last announced its quarterly earnings results on Tuesday, November 25th. The company reported GBX 144.40 earnings per share (EPS) for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. Sell-side analysts anticipate that Cranswick plc will post 258.5590189 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CWK. Shore Capital Group reissued a “house stock” rating on shares of Cranswick in a research report on Tuesday, November 25th. Berenberg Bank reiterated a “hold” rating and set a GBX 5,770 target price on shares of Cranswick in a report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Cranswick from GBX 6,000 to GBX 6,100 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Cranswick in a research report on Monday, February 2nd. Finally, Peel Hunt reiterated a “buy” rating and issued a GBX 5,500 target price on shares of Cranswick in a report on Tuesday, November 25th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Cranswick currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 5,790.

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.