Cranswick’s (CWK) House Stock Rating Reiterated at Shore Capital

Shore Capital restated their house stock rating on shares of Cranswick (LON:CWK) in a research note published on Tuesday morning, MarketBeat Ratings reports.

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 57 ($0.70) price objective on shares of Cranswick in a research note on Tuesday, December 17th.

Cranswick Price Performance

CWK opened at GBX 4,975 ($61.45) on Tuesday. Cranswick has a 12-month low of GBX 3,788 ($46.79) and a 12-month high of GBX 5,260 ($64.97). The company has a quick ratio of 1.02, a current ratio of 1.66 and a debt-to-equity ratio of 13.88. The firm has a market capitalization of £2.67 billion, a P/E ratio of 2,380.38, a PEG ratio of 2.62 and a beta of 0.44. The stock has a fifty day moving average of GBX 4,907.45 and a 200-day moving average of GBX 4,807.81.

Cranswick (LON:CWK) last announced its quarterly earnings data on Tuesday, November 26th. The company reported GBX 132.10 ($1.63) EPS for the quarter. Cranswick had a return on equity of 12.89% and a net margin of 4.35%. Equities analysts forecast that Cranswick will post 258.5590189 EPS for the current fiscal year.

Cranswick Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, December 12th will be issued a GBX 25 ($0.31) dividend. The ex-dividend date of this dividend is Thursday, December 12th. This represents a yield of 0.49%. Cranswick’s dividend payout ratio is currently 4,306.22%.

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.