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

Premier Foods plc (LON:PFD) insider Alex Whitehouse acquired 1,884 shares of Premier Foods stock in a transaction that occurred on Tuesday, February 4th. The stock was bought at an average cost of GBX 185 ($2.31) per share, with a total value of £3,485.40 ($4,357.29).

Premier Foods Stock Up 1.5 %

Shares of LON:PFD opened at GBX 188 ($2.35) on Thursday. The firm has a 50 day simple moving average of GBX 186.14 and a 200 day simple moving average of GBX 182.65. 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 company has a debt-to-equity ratio of 25.46, a quick ratio of 0.41 and a current ratio of 1.14. The company has a market cap of £1.62 billion, a PE ratio of 1,446.15, a price-to-earnings-growth ratio of 1.44 and a beta of 1.08.

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Berenberg Bank restated a “buy” rating and issued a GBX 240 ($3.00) price objective on shares of Premier Foods in a report on Thursday, January 23rd. Shore Capital reissued a “house stock” rating on shares of Premier Foods in a report 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.