Christopher Aldersley Acquires 3 Shares of Cranswick (LON:CWK) Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley bought 3 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The shares were purchased at an average price of GBX 5,060 per share, for a total transaction of £151.80.

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

• On Monday, December 22nd, Christopher Aldersley purchased 3 shares of Cranswick stock. The stock was purchased at an average price of GBX 4,965 per share, with a total value of £148.95.
• On Friday, November 21st, Christopher Aldersley purchased 3 shares of Cranswick stock. The shares were purchased at an average price of GBX 4,950 per share, with a total value of £148.50.

Cranswick Stock Up 1.4%

Shares of LON:CWK traded up GBX 70 during trading hours on Friday, reaching GBX 5,100. The stock had a trading volume of 195,937 shares, compared to its average volume of 229,850. Cranswick plc has a 1 year low of GBX 4,590 and a 1 year high of GBX 5,590. The firm’s 50 day moving average is GBX 5,001.32 and its 200-day moving average is GBX 5,074.76. The stock has a market capitalization of £2.73 billion, a price-to-earnings ratio of 18.85, a P/E/G ratio of 2.62 and a beta of 0.44. The company has a debt-to-equity ratio of 13.98, a quick ratio of 1.02 and a current ratio of 1.66.

Cranswick (LON:CWK) last issued its earnings results on Tuesday, November 25th. The company reported GBX 144.40 EPS for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. Research analysts predict that Cranswick plc will post 258.5590189 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their price objective on Cranswick from GBX 6,000 to GBX 6,100 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Berenberg Bank lifted their target price on shares of Cranswick from GBX 5,540 to GBX 5,770 and gave the company a “hold” rating in a report on Tuesday, November 25th. Shore Capital reiterated a “house stock” rating on shares of Cranswick in a research note on Tuesday, November 25th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 5,500 price objective on shares of Cranswick in a research report on Tuesday, November 25th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 5,790.

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.