Cranswick plc (LON:CWK) insider Martin T. P. Davey sold 7,164 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of £3,572.80 ($4,396.75), for a total value of £25,595,539.20 ($31,498,325.38).

Shares of Cranswick stock opened at GBX 3,580 ($44.06) on Friday. The stock has a market capitalization of $1.87 billion and a P/E ratio of 22.57. The company has a quick ratio of 1.07, a current ratio of 1.66 and a debt-to-equity ratio of 27.40. The stock has a 50 day moving average price of GBX 3,608.68 and a two-hundred day moving average price of GBX 3,580.38. Cranswick plc has a 12-month low of GBX 35.58 ($0.44) and a 12-month high of GBX 4,020 ($49.47).

Cranswick (LON:CWK) last announced its earnings results on Tuesday, June 23rd. The company reported GBX 156.40 ($1.92) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of GBX 152.60 ($1.88) by GBX 3.80 ($0.05). Sell-side analysts anticipate that Cranswick plc will post 15794.5741156 earnings per share for the current year.

The firm also recently declared a dividend, which will be paid on Friday, September 4th. Stockholders of record on Thursday, July 23rd will be issued a dividend of GBX 43.70 ($0.54) per share. The ex-dividend date is Thursday, July 23rd. This is a positive change from Cranswick’s previous dividend of $16.70. This represents a dividend yield of 1.17%. Cranswick’s payout ratio is 37.83%.

Several equities research analysts recently commented on CWK shares. Berenberg Bank reissued a “buy” rating on shares of Cranswick in a research note on Wednesday, April 29th. HSBC boosted their price target on Cranswick from GBX 3,860 ($47.50) to GBX 3,920 ($48.24) and gave the company a “buy” rating in a research note on Monday, May 18th. Peel Hunt reissued a “buy” rating on shares of Cranswick in a research note on Tuesday, June 23rd. Shore Capital reissued a “house stock” rating on shares of Cranswick in a research note on Tuesday, April 28th. Finally, Jefferies Financial Group boosted their price target on Cranswick from GBX 3,760 ($46.27) to GBX 3,940 ($48.49) and gave the company a “hold” rating in a research note on Friday, July 3rd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 3,902 ($48.02).

About Cranswick

Cranswick plc produces and supplies food products to grocery retailers, food service sector, and other food producers in the United Kingdom, Continental Europe, and internationally. It offers fresh pork, gourmet bacon and gammon, fresh chicken, and prepared chicken and poultry products, as well as gourmet sausages, cooked meats, continental foods, handmade pastries, and British charcuteries.

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