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

Premier Foods plc (LON:PFD) insider Alex Whitehouse bought 1,884 shares of the company’s stock in a transaction dated Tuesday, February 4th. The stock was acquired at an average price of GBX 185 ($2.30) per share, for a total transaction of £3,485.40 ($4,323.78).

Premier Foods Stock Performance

Shares of PFD stock opened at GBX 191.80 ($2.38) on Friday. Premier Foods plc has a fifty-two week low of GBX 133.40 ($1.65) and a fifty-two week high of GBX 198.40 ($2.46). The stock’s 50-day moving average is GBX 186.14 and its two-hundred day moving average is GBX 182.79. The company has a debt-to-equity ratio of 25.46, a current ratio of 1.14 and a quick ratio of 0.41. The firm has a market cap of £1.65 billion, a P/E ratio of 1,475.38, a PEG ratio of 1.44 and a beta of 1.08.

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Berenberg Bank reaffirmed a “buy” rating and set a GBX 240 ($2.98) price objective on shares of Premier Foods in a research report on Thursday, January 23rd. Shore Capital restated 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.