Insider Buying: Premier Foods plc (LON:PFD) Insider Buys 1,884 Shares of Stock

Premier Foods plc (LON:PFD) insider Alex Whitehouse bought 1,884 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was bought at an average cost of GBX 185 ($2.31) per share, for a total transaction of £3,485.40 ($4,350.22).

Premier Foods Stock Performance

LON:PFD traded up GBX 3 ($0.04) on Wednesday, hitting GBX 188.20 ($2.35). The stock had a trading volume of 991,831 shares, compared to its average volume of 4,212,404. Premier Foods plc has a 52-week low of GBX 133.40 ($1.67) and a 52-week high of GBX 198.40 ($2.48). The stock has a market cap of £1.62 billion, a price-to-earnings ratio of 1,447.69, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08. The company has a quick ratio of 0.41, a current ratio of 1.14 and a debt-to-equity ratio of 25.46. The business’s 50-day simple moving average is GBX 186.21 and its two-hundred day simple moving average is GBX 182.52.

Premier Foods (LON:PFD) last posted its quarterly earnings data on Thursday, November 14th. The company reported GBX 5.30 ($0.07) earnings per share (EPS) for the quarter. Premier Foods had a net margin of 9.89% and a return on equity of 8.23%. As a group, research analysts predict that Premier Foods plc will post 13.2607117 earnings per share for the current year.

Wall Street Analysts Forecast Growth

PFD has been the subject of a number of research analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 240 ($3.00) price target on shares of Premier Foods in a research note on Thursday, January 23rd. Shore Capital reiterated a “house stock” rating on shares of Premier Foods in a research note on Tuesday, January 21st.

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.