Insider Buying: Premier Foods plc (LON:PFD) Insider Buys £3,485.40 in Stock

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

Premier Foods Price Performance

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

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

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on PFD. Shore Capital reaffirmed a “house stock” rating on shares of Premier Foods in a research note on Tuesday, January 21st. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 240 ($2.98) price target on shares of Premier Foods in a report on Thursday, January 23rd.

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.