James Cropper (LON:CRPR) Sets New 12-Month High – Still a Buy?

James Cropper PLC (LON:CRPR) shares hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as GBX 730 and last traded at GBX 710, with a volume of 27,364 shares trading hands. The stock had previously closed at GBX 685.

Analysts Set New Price Targets

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

James Cropper Stock Up 3.6%

The firm has a market capitalization of £67.84 million, a P/E ratio of 23.05 and a beta of 0.52. The firm’s 50-day moving average is GBX 563.11 and its 200 day moving average is GBX 416.28. The company has a debt-to-equity ratio of 86.70, a quick ratio of 1.31 and a current ratio of 2.01.

James Cropper (LON:CRPR) last announced its earnings results on Wednesday, July 15th. The company reported GBX 30.80 earnings per share for the quarter. James Cropper had a net margin of 2.82% and a return on equity of 11.95%. As a group, equities research analysts predict that James Cropper PLC will post 10.27 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Jon Yeung bought 7,300 shares of the business’s stock in a transaction on Friday, October 2nd. The shares were purchased at an average price of GBX 645 per share, for a total transaction of £47,085. Insiders own 29.56% of the company’s stock.

James Cropper Company Profile

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.