Cranswick (LON:CWK) Issues Earnings Results

Cranswick (LON:CWK) issued its earnings results on Tuesday. The company reported GBX 273.40 ($3.65) earnings per share for the quarter, Digital Look Earnings reports. Cranswick had a net margin of 4.35% and a return on equity of 12.64%.

Cranswick Stock Up 4.9%

Shares of LON CWK opened at GBX 5,520 ($73.73) on Tuesday. The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 13.98. The company has a market cap of £2.98 billion, a P/E ratio of 26.27, a P/E/G ratio of 2.62 and a beta of 0.44. Cranswick has a 52 week low of GBX 4,203.33 ($56.14) and a 52 week high of GBX 5,580 ($74.53). The business has a 50-day simple moving average of GBX 5,015.09 and a two-hundred day simple moving average of GBX 4,967.51.

Insider Activity

In other Cranswick news, insider Jim Brisby sold 7,000 shares of the firm’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of GBX 5,011 ($66.93), for a total value of £350,770 ($468,505.41). Company insiders own 4.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CWK. Berenberg Bank restated a “hold” rating and set a GBX 5,370 ($71.72) price target on shares of Cranswick in a research note on Monday, March 31st. Shore Capital reissued a “house stock” rating on shares of Cranswick in a report on Thursday, March 20th.

Cranswick Company Profile

Cranswick is a leading and innovative British supplier of premium, fresh and added value food products, with revenues in excess of £2.0 billion. We produce and supply premium food to UK grocery retailers, the food service sector and other global food producers.

Our core market is the United Kingdom where we provide a range of high quality, predominantly fresh food including Fresh Pork, Poultry, Convenience and Gourmet Products and more recently have further expanded our portfolio by adding high quality pet food.