James Cropper (LON:CRPR) Hits New 1-Year High – Still a Buy?

James Cropper PLC (LON:CRPR) shares hit a new 52-week high on Monday . The stock traded as high as GBX 460 and last traded at GBX 446.30, with a volume of 4913 shares traded. The stock had previously closed at GBX 460.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating on shares of James Cropper in a research report on Thursday, July 2nd.

James Cropper Stock Performance

The company has a debt-to-equity ratio of 86.70, a current ratio of 2.01 and a quick ratio of 1.31. The business has a 50-day simple moving average of GBX 383.75 and a 200-day simple moving average of GBX 346.54. The firm has a market capitalization of £43.95 million, a PE ratio of 14.94 and a beta of 0.49.

James Cropper (LON:CRPR) last released its earnings results on Wednesday, July 15th. The company reported GBX 30.80 earnings per share (EPS) for the quarter. James Cropper had a net margin of 2.82% and a return on equity of 11.95%. Equities research analysts expect that James Cropper PLC will post 10.2657444 earnings per share for the current fiscal year.

About James Cropper

James Cropper is a global market leader in advanced materials and paper products. Led by the Cropper family for six generations, the business has an international workforce and an operational reach in over 50 countries.

Established in 1845, the Group manufactures paper, packaging and advanced materials incorporating pioneering non-wovens and electrochemical coatings.

James Cropper is a specialist provider of niche solutions tailored to a unique customer specification, ranging from substrates and components in hydrogen electrolysis and fuel cells to bespoke colours and textures in paper and moulded fibre packaging designed to replace single use plastics.

The Group operates across multiple markets from luxury retail to renewable energy.