Insider Buying: Cranswick (LON:CWK) Insider Buys 3 Shares of Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley purchased 3 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were acquired at an average cost of GBX 5,450 per share, for a total transaction of £163.50.

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

• On Thursday, May 21st, Christopher Aldersley acquired 3 shares of Cranswick stock. The stock was acquired at an average cost of GBX 5,503 per share, with a total value of £165.09.
• On Tuesday, May 19th, Christopher Aldersley sold 9,000 shares of Cranswick stock. The stock was sold at an average price of GBX 5,470, for a total transaction of £492,300.
• On Tuesday, April 21st, Christopher Aldersley bought 3 shares of Cranswick stock. The shares were acquired at an average price of GBX 5,400 per share, for a total transaction of £162.

Cranswick Stock Performance

Shares of CWK traded up GBX 20 during mid-day trading on Tuesday, hitting GBX 5,490. 76,814 shares of the company’s stock were exchanged, compared to its average volume of 431,446. The company has a quick ratio of 1.02, a current ratio of 1.76 and a debt-to-equity ratio of 23.60. Cranswick plc has a 52 week low of GBX 4,805 and a 52 week high of GBX 5,710. The stock’s 50-day simple moving average is GBX 5,403.11 and its 200-day simple moving average is GBX 5,249.33. The firm has a market cap of £2.94 billion, a price-to-earnings ratio of 18.92, a price-to-earnings-growth ratio of 2.62 and a beta of 0.55.

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

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Berenberg Bank reissued a “hold” rating and set a GBX 5,770 target price on shares of Cranswick in a report on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 62 price objective on shares of Cranswick in a research report on Wednesday, May 20th. Shore Capital Group reiterated a “house stock” rating on shares of Cranswick in a research note on Tuesday, May 19th. Royal Bank Of Canada raised shares of Cranswick to an “outperform” rating and raised their target price for the company from GBX 5,500 to GBX 6,100 in a report on Wednesday, May 27th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 6,100 target price on shares of Cranswick in a research report on Wednesday, May 20th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Cranswick currently has a consensus rating of “Moderate Buy” and an average target price of GBX 4,706.40.

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.