Insider Buying: Cranswick (LON:CWK) Insider Buys 2 Shares of Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley bought 2 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were bought at an average price 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 stock was bought at an average price 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 shares were bought at an average cost of GBX 4,965 per share, with a total value of £148.95.

Cranswick Trading Up 0.5%

Shares of Cranswick stock opened at GBX 5,435.41 on Tuesday. Cranswick plc has a twelve month low of GBX 4,590 and a twelve month high of GBX 5,590. The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 13.98. The business has a 50-day moving average price of GBX 5,130.54 and a 200-day moving average price of GBX 5,080.90. The firm has a market cap of £2.91 billion, a price-to-earnings ratio of 20.09, a PEG ratio of 2.62 and a beta of 0.44.

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

Analyst Ratings Changes

CWK has been the topic of a number of recent research reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of Cranswick in a research note on Monday, February 2nd. Berenberg Bank restated a “hold” rating and set a GBX 5,770 target price on shares of Cranswick in a research report on Tuesday, January 27th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 5,500 price target on shares of Cranswick in a report on Tuesday, November 25th. Shore Capital Group reissued a “house stock” rating on shares of Cranswick in a research note on Tuesday, November 25th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Cranswick from GBX 6,000 to GBX 6,100 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company 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.