Croda International Plc (LON:CRDA) Insider Buys £99,838.55 in Stock

Key Points

• Steve Foots, insider at Croda International Plc, purchased 3,815 shares at an average price of GBX 2,617 ($34.78) in a transaction worth £99,838.55 ($132,693.45).
• On August 4th, the company's stock price was GBX 2,646 ($35.17) with significant trading volume of 2,667,697 shares, suggesting heightened investor interest.
• Analysts have mixed ratings on Croda International, with Deutsche Bank lowering its target price while JPMorgan upgraded it to "overweight," reflecting uncertainty in market sentiment.

Croda International Plc (LON:CRDA - Get Free Report) insider Steve Foots bought 3,815 shares of Croda International stock in a transaction dated Monday, August 4th. The stock was acquired at an average cost of GBX 2,617 ($35.19) per share, with a total value of £99,838.55 ($134,263.78).

Steve Foots also recently made the following trade(s):

• On Tuesday, July 15th, Steve Foots bought 5 shares of Croda International stock. The shares were acquired at an average cost of GBX 2,987 ($40.17) per share, with a total value of £149.35 ($200.85).
• On Monday, May 12th, Steve Foots bought 5 shares of Croda International stock. The stock was acquired at an average cost of GBX 3,196 ($42.98) per share, with a total value of £159.80 ($214.90).

Croda International Trading Up 0.5%

Shares of Croda International stock traded up GBX 13 ($0.17) during trading hours on Thursday, reaching GBX 2,594 ($34.88). 1,722,807 shares of the company's stock were exchanged, compared to its average volume of 1,081,636. Croda International Plc has a 52-week low of GBX 2,527 ($33.98) and a 52-week high of GBX 4,335 ($58.30). The company has a fifty day moving average of GBX 2,930.41 and a 200-day moving average of GBX 3,007.94. The company has a current ratio of 2.72, a quick ratio of 2.25 and a debt-to-equity ratio of 30.90. The firm has a market capitalization of £3.63 billion, a price-to-earnings ratio of 22.29, a price-to-earnings-growth ratio of 1.40 and a beta of 0.74.

Croda International (LON:CRDA - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported GBX 72.20 ($0.97) earnings per share for the quarter. Croda International had a return on equity of 6.96% and a net margin of 9.98%. Sell-side analysts forecast that Croda International Plc will post 181.8307268 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Croda International from GBX 3,400 ($45.72) to GBX 3,000 ($40.34) and set a "hold" rating for the company in a research note on Tuesday, July 29th. Citigroup cut their price target on Croda International from GBX 3,550 ($47.74) to GBX 3,300 ($44.38) and set a "neutral" rating for the company in a report on Tuesday, April 29th. Berenberg Bank decreased their price objective on Croda International from GBX 3,800 ($51.10) to GBX 3,100 ($41.69) and set a "buy" rating on the stock in a research note on Tuesday, July 29th. Finally, JPMorgan Chase & Co. upgraded shares of Croda International to an "overweight" rating in a report on Wednesday, July 30th.

Croda International Company Profile

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.