Shore Capital Reaffirms House Stock Rating for Cranswick (LON:CWK)

Cranswick (LON:CWK)‘s stock had its “house stock” rating reaffirmed by equities research analysts at Shore Capital in a research report issued to clients and investors on Friday, Marketbeat Ratings reports.

Cranswick Price Performance

Shares of LON:CWK opened at GBX 5,260 ($70.75) on Friday. Cranswick has a 1-year low of GBX 4,515 ($60.73) and a 1-year high of GBX 5,590 ($75.18). The stock’s fifty day simple moving average is GBX 5,272.57 and its two-hundred day simple moving average is GBX 5,112.49. The stock has a market cap of £2.84 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 2.62 and a beta of 0.44. The company has a current ratio of 1.66, a quick ratio of 1.02 and a debt-to-equity ratio of 13.98.

Cranswick (LON:CWK) last posted its quarterly earnings results on Tuesday, May 20th. The company reported GBX 273.40 ($3.68) earnings per share (EPS) for the quarter. Cranswick had a net margin of 4.35% and a return on equity of 12.64%. As a group, analysts forecast that Cranswick will post 258.5590189 EPS for the current fiscal year.

Insider Buying and Selling at Cranswick

In other Cranswick news, insider Mark Bottomley sold 12,346 shares of the firm’s stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of GBX 5,218 ($70.18), for a total value of £644,214.28 ($866,461.71). Also, insider Yetunde Hofmann bought 190 shares of the business’s stock in a transaction on Wednesday, July 9th. The stock was bought at an average price of GBX 5,208 ($70.05) per share, for a total transaction of £9,895.20 ($13,308.94). In the last three months, insiders have acquired 574 shares of company stock worth $3,025,170 and have sold 60,038 shares worth $314,037,280. Insiders own 4.54% of the company’s stock.

Cranswick Company Profile

Cranswick is a leading and innovative British supplier of premium, fresh and added value food products, with revenues in excess of £2.0 billion. We produce and supply premium food to UK grocery retailers, the food service sector and other global food producers.

Our core market is the United Kingdom where we provide a range of high quality, predominantly fresh food including Fresh Pork, Poultry, Convenience and Gourmet Products and more recently have further expanded our portfolio by adding high quality pet food.