Premier Foods plc (LON:PFD) Insider Malcolm Waugh Buys 9,368 Shares of Stock

Premier Foods plc (LON:PFD) insider Malcolm Waugh acquired 9,368 shares of the firm’s stock in a transaction on Thursday, May 22nd. The shares were bought at an average cost of GBX 212 ($2.85) per share, for a total transaction of £19,860.16 ($26,657.93).

Premier Foods Stock Down 1.2%

LON PFD opened at GBX 212 ($2.85) on Friday. The company has a market capitalization of £1.83 billion, a price-to-earnings ratio of 16.24, a PEG ratio of 1.44 and a beta of 1.08. The company has a current ratio of 1.14, a quick ratio of 0.41 and a debt-to-equity ratio of 25.47. Premier Foods plc has a 1-year low of GBX 147.80 ($1.98) and a 1-year high of GBX 216.50 ($2.91). The stock’s 50 day moving average is GBX 193.84 and its two-hundred day moving average is GBX 188.52.

Premier Foods (LON:PFD) last announced its earnings results on Thursday, May 15th. The company reported GBX 14.50 ($0.19) EPS for the quarter. Premier Foods had a return on equity of 8.49% and a net margin of 9.89%. Equities analysts forecast that Premier Foods plc will post 13.2607117 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 240 ($3.22) price objective on shares of Premier Foods in a report on Thursday, January 23rd.

About Premier Foods

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. The company operates through Grocery, Sweet Treats, and international segments. It offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, Paxo, and Saxa brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, Spice Tailor and Homepride brands; quick meals, snacks, and soups under the Batchelors and Smash brands; ambient desserts under the Ambrosia, Bird's, and Angel Delight brands; and ambient cakes under the Mr Kipling and Cadbury brands.