ProCook Group (LON:PROC) Insider Daniel O’Neill Sells 27,348,120 Shares

ProCook Group plc (LON:PROC) insider Daniel O’Neill sold 27,348,120 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of GBX 51, for a total value of £13,947,541.20.

ProCook Group Stock Performance

Shares of ProCook Group stock opened at GBX 53.30 on Friday. The stock has a market capitalization of £57.09 million, a price-to-earnings ratio of 40.38 and a beta of 0.72. The company has a debt-to-equity ratio of 260.98, a current ratio of 0.86 and a quick ratio of 0.36. The business has a 50-day moving average of GBX 46.08 and a 200 day moving average of GBX 37.86. ProCook Group plc has a 12 month low of GBX 26.90 and a 12 month high of GBX 54.

ProCook Group (LON:PROC) last issued its quarterly earnings results on Thursday, June 25th. The company reported GBX 1.45 earnings per share (EPS) for the quarter. The company had revenue of GBX 8,549 million for the quarter. ProCook Group had a net margin of 1.85% and a return on equity of 16.45%. As a group, sell-side analysts forecast that ProCook Group plc will post 1.6107383 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 62 target price on shares of ProCook Group in a research note on Wednesday, June 24th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 62.

ProCook Group Company Profile

ProCook is the UK’s leading direct-to-consumer specialist kitchenware brand. ProCook designs, develops, and retails a high-quality range of direct-sourced and own-brand kitchenware which provides customers with significant value for money.

The brand sells directly through its website, www.procook.co.uk, and through over 70 own-brand retail stores, located across the UK.

Founded 30 years ago as a family business, selling cookware sets by direct mail in the UK, ProCook has grown into a market leading, multi-channel specialist kitchenware company, employing over 700 colleagues, and operating from its Store Support Centre in Gloucester.

As a B Corp, a Real Living Wage employer and a certified Great Place to Work™, ProCook is committed to being a socially responsible and environmentally conscious business for the benefit of all stakeholders.