Cranswick (LON:CWK) Announces Earnings Results

Cranswick (LON:CWK) issued its quarterly earnings results on Tuesday. The company reported GBX 273.40 ($3.66) earnings per share for the quarter, Digital Look Earnings reports. Cranswick had a net margin of 4.35% and a return on equity of 12.64%.

Cranswick Price Performance

CWK stock opened at GBX 5,460 ($73.12) on Wednesday. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 13.98. Cranswick has a one year low of GBX 4,203.33 ($56.29) and a one year high of GBX 5,590 ($74.86). The firm has a market capitalization of £2.94 billion, a PE ratio of 25.98, a P/E/G ratio of 2.62 and a beta of 0.44. The firm has a 50-day moving average of GBX 5,026.99 and a two-hundred day moving average of GBX 4,970.37.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CWK shares. Berenberg Bank reissued a “hold” rating and issued a GBX 5,370 ($71.92) price target on shares of Cranswick in a report on Monday, March 31st. Shore Capital reissued a “house stock” rating on shares of Cranswick in a report on Tuesday.

Insider Buying and Selling at Cranswick

In other news, insider Jim Brisby sold 7,000 shares of the company’s stock in a transaction dated Friday, March 21st. The stock was sold at an average price of GBX 5,011 ($67.11), for a total value of £350,770 ($469,760.28). Insiders own 4.54% of the company’s stock.

About Cranswick

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.