Key Points
- Insider activity was mixed: Christopher Aldersley bought 3 Cranswick shares on May 21 for about £165, but he also sold 9,000 shares on May 19 for roughly £492,300.
- Cranswick’s stock slipped 2.2%: Shares opened at GBX 5,400, near their 50-day and 200-day moving averages, with the stock trading within its 52-week range of GBX 4,805 to GBX 5,620.
- Analysts remain generally positive: The company recently reported quarterly EPS of GBX 301.70, and analysts currently rate the stock a Moderate Buy overall, with several firms reiterating buy ratings and price targets.
Cranswick plc (LON:CWK - Get Free Report) insider Christopher Aldersley purchased 3 shares of Cranswick stock in a transaction dated Thursday, May 21st. The shares were purchased at an average cost of GBX 5,503 per share, for a total transaction 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 transaction of £492,300.
- On Tuesday, April 21st, Christopher Aldersley purchased 3 shares of Cranswick stock. The shares were purchased at an average cost of GBX 5,400 per share, for a total transaction of £162.
- On Monday, March 23rd, Christopher Aldersley purchased 3 shares of Cranswick stock. The shares were purchased at an average cost of GBX 5,170 per share, for a total transaction of £155.10.
Cranswick Trading Down 2.2%
Shares of LON CWK opened at GBX 5,400 on Wednesday. The company's fifty day moving average is GBX 5,292.85 and its 200-day moving average is GBX 5,179.04. The stock has a market cap of £2.89 billion, a price-to-earnings ratio of 19.96, a P/E/G ratio of 2.62 and a beta of 0.56. Cranswick plc has a twelve month low of GBX 4,805 and a twelve month high of GBX 5,620. The company has a quick ratio of 1.02, a current ratio of 1.76 and a debt-to-equity ratio of 23.60.
Cranswick (LON:CWK - Get Free Report) last announced its quarterly earnings results on Tuesday, May 19th. The company reported GBX 301.70 earnings per share for the quarter. Cranswick had a net margin of 5.31% and a return on equity of 14.99%. The company had revenue of GBX 298.25 billion for the quarter. Equities research analysts predict that Cranswick plc will post 258.5590189 EPS for the current year.
Analyst Upgrades and Downgrades
CWK has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 6,100 price objective on shares of Cranswick in a report on Wednesday, May 20th. Shore Capital Group restated a "house stock" rating on shares of Cranswick in a report on Tuesday, May 19th. Jefferies Financial Group restated a "buy" rating and set a GBX 62 price objective on shares of Cranswick in a report on Wednesday, May 20th. Finally, Berenberg Bank restated a "hold" rating and set a GBX 5,770 price objective on shares of Cranswick in a report on Tuesday. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 4,358.
View Our Latest Research Report on Cranswick
About Cranswick
(
Get Free Report)
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.
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