Croda International (LON:CRDA) Share Price Passes Above 200-Day Moving Average - What's Next?

Key Points

• Croda International shares rose above their 200-day moving average, reaching GBX 3,161 before trading at GBX 3,107, signaling improved technical momentum.
• Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average target price of GBX 3,390; individual targets range from GBX 3,200 to GBX 3,600.
• The company reported quarterly earnings of GBX 72.20 per share, while profitability remained modest with a 4.61% net margin and 3.65% return on equity. An insider also sold shares worth approximately £43,035.

Croda International Plc (LON:CRDA - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,954.58 and traded as high as GBX 3,161. Croda International shares last traded at GBX 3,107, with a volume of 226,342 shares changing hands.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 3,500 price objective on shares of Croda International in a report on Wednesday, July 29th. Berenberg Bank reaffirmed a "buy" rating and set a GBX 3,600 price objective on shares of Croda International in a research note on Wednesday, July 29th. Citigroup upped their target price on Croda International from GBX 3,050 to GBX 3,200 and gave the company a "neutral" rating in a report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 3,300 price target on shares of Croda International in a research note on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 3,390.

Croda International Price Performance

The company has a 50 day moving average of GBX 3,075.92 and a 200 day moving average of GBX 2,954.58. The company has a debt-to-equity ratio of 36.06, a quick ratio of 2.25 and a current ratio of 2.57. The stock has a market capitalization of £4.33 billion, a price-to-earnings ratio of 54.60, a PEG ratio of 1.40 and a beta of 0.92.

Croda International (LON:CRDA - Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported GBX 72.20 earnings per share for the quarter. Croda International had a net margin of 4.61% and a return on equity of 3.65%. As a group, equities research analysts anticipate that Croda International Plc will post 181.8307268 EPS for the current year.

Insider Buying and Selling at Croda International

In other news, insider Stephen Oxley sold 1,339 shares of the company's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of GBX 3,214, for a total value of £43,035.46. In the last ninety days, insiders have purchased 35 shares of company stock worth $107,620. 0.83% of the stock is currently owned by insiders.

About Croda International

Founded in 1925 with the aim of turning bio-based raw materials into innovative ingredients, Croda International is a speciality chemicals company focused on consumer care and life sciences markets. The company is focused on creating, making and selling innovative ingredients that deliver real benefits to a diverse range of customers and employs more than 6,000 people around the world. Sustainability is a core part of the Groups strategy with a commitment to be Climate, Land and People positive by 2030.

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