Insider Selling: Cranswick (LON:CWK) Insider Sells £20,017.45 in Stock

Cranswick plc (LON:CWK) insider Mark Bottomley sold 361 shares of the business’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of GBX 5,545, for a total value of £20,017.45.

Mark Bottomley also recently made the following trade(s):

• On Thursday, July 30th, Mark Bottomley bought 358 shares of Cranswick stock. The shares were bought at an average price of GBX 5,545 per share, for a total transaction of £19,851.10.

Cranswick Stock Down 0.8%

LON:CWK opened at GBX 5,328.87 on Monday. The stock’s fifty day moving average price is GBX 5,512.01 and its two-hundred day moving average price is GBX 5,357.06. The company has a market cap of £2.85 billion, a price-to-earnings ratio of 18.36, a P/E/G ratio of 2.62 and a beta of 0.56. Cranswick plc has a 52-week low of GBX 4,805 and a 52-week high of GBX 5,810. The company has a debt-to-equity ratio of 23.26, a quick ratio of 1.02 and a current ratio of 1.76.

Cranswick (LON:CWK) last issued its earnings results on Tuesday, May 19th. The company reported GBX 301.70 earnings per share (EPS) 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. On average, analysts anticipate that Cranswick plc will post 258.5590189 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CWK. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 5,770 price target on shares of Cranswick in a research note on Tuesday, July 28th. Jefferies Financial Group restated a “buy” rating and set a GBX 6,200 price objective on shares of Cranswick in a report on Monday, July 27th. Royal Bank Of Canada raised shares of Cranswick to an “outperform” rating and boosted their price objective for the company from GBX 5,500 to GBX 6,100 in a research report on Wednesday, May 27th. Shore Capital Group reaffirmed a “house stock” rating on shares of Cranswick in a research note on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 6,300 target price on shares of Cranswick in a report on Tuesday, July 28th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Cranswick presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,974.

Cranswick Company Profile

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of c. £3.0 billion. The business employs over 16,000 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.