Insider Selling: Cranswick (LON:CWK) Insider Sells 9,000 Shares of Stock

Cranswick plc (LON:CWK) insider Christopher Aldersley sold 9,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of GBX 5,470, for a total transaction of £492,300.

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

• On Tuesday, April 21st, Christopher Aldersley acquired 3 shares of Cranswick stock. The shares were acquired at an average cost of GBX 5,400 per share, with a total value of £162.
• On Monday, March 23rd, Christopher Aldersley acquired 3 shares of Cranswick stock. The stock was purchased at an average price of GBX 5,170 per share, with a total value of £155.10.
• On Monday, February 23rd, Christopher Aldersley purchased 2 shares of Cranswick stock. The shares were acquired at an average price of GBX 5,390 per share, with a total value of £107.80.

Cranswick Price Performance

Shares of CWK traded up GBX 50 during mid-day trading on Thursday, reaching GBX 5,510. The company had a trading volume of 549,004 shares, compared to its average volume of 385,767. The company has a debt-to-equity ratio of 23.60, a current ratio of 1.76 and a quick ratio of 1.02. The company has a market capitalization of £2.95 billion, a P/E ratio of 20.36, 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’s 50-day moving average is GBX 5,272.15 and its 200-day moving average is GBX 5,163.48.

Cranswick (LON:CWK) last issued its quarterly earnings data on Tuesday, May 19th. The company reported GBX 301.70 earnings per share (EPS) for the quarter. Cranswick had a return on equity of 14.99% and a net margin of 5.31%.The company had revenue of GBX 298.25 billion during the quarter. On average, equities analysts anticipate that Cranswick plc will post 258.5590189 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group reiterated a “buy” rating and set a GBX 62 price target on shares of Cranswick in a research report on Wednesday. Berenberg Bank restated a “hold” rating and issued a GBX 5,770 target price on shares of Cranswick in a research report on Tuesday, January 27th. Shore Capital Group reiterated a “house stock” rating on shares of Cranswick in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 6,100 price target on shares of Cranswick in a research note on Wednesday. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Cranswick has a consensus rating of “Moderate Buy” and an average target price of GBX 4,358.

Cranswick Company Profile

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.