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

Cranswick plc (LON:CWK) insider Christopher Aldersley acquired 3 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were bought at an average price of GBX 5,503 per share, with a total value of £165.09.

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

• 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 value of £492,300.
• On Tuesday, April 21st, Christopher Aldersley acquired 3 shares of Cranswick stock. The shares were bought at an average price of GBX 5,400 per share, with a total value of £162.
• On Monday, March 23rd, Christopher Aldersley acquired 3 shares of Cranswick stock. The shares were bought at an average price of GBX 5,170 per share, with a total value of £155.10.

Cranswick Trading Down 1.1%

Shares of LON CWK opened at GBX 5,460 on Tuesday. The company has a debt-to-equity ratio of 23.60, a current ratio of 1.76 and a quick ratio of 1.02. The stock has a market capitalization of £2.92 billion, a P/E ratio of 20.18, a price-to-earnings-growth ratio of 2.62 and a beta of 0.56. Cranswick plc has a 1-year low of GBX 4,805 and a 1-year high of GBX 5,620. The business has a fifty day moving average price of GBX 5,290.55 and a 200 day moving average price of GBX 5,176.04.

Cranswick (LON:CWK) last posted its quarterly earnings data on Tuesday, May 19th. The company reported GBX 301.70 EPS for the quarter. The firm had revenue of GBX 298.25 billion during the quarter. Cranswick had a net margin of 5.31% and a return on equity of 14.99%. Equities research analysts expect that Cranswick plc will post 258.5590189 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 62 price objective on shares of Cranswick in a research note on Wednesday, May 20th. Shore Capital Group reiterated a “house stock” rating on shares of Cranswick in a research note on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 6,100 price objective on shares of Cranswick in a research note on Wednesday, May 20th. Finally, Berenberg Bank reissued a “hold” rating and set a GBX 5,770 target price on shares of Cranswick in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 4,358.

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.