Croda International (LON:CRDA) Reaches New 12-Month High - What's Next?

Key Points

• Croda International shares reached a new 52-week high of GBX 3,662 and last traded at GBX 3,657, up 0.6%, giving the company a market capitalization of approximately £5.10 billion.
• Analyst sentiment is moderately bullish: the stock has three Buy ratings and two Holds, with a consensus target price of GBX 3,490. Jefferies has the highest target at GBX 4,000, while Citigroup raised its target to GBX 3,200.
• The company reported quarterly earnings of GBX 72.20 per share, while analysts expect full-year earnings of GBX 181.83 per share. An insider subsequently sold 1,339 shares, and insiders own 0.84% of the company.

Croda International Plc (LON:CRDA - Get Free Report)'s stock price reached a new 52-week high during trading on Monday. The company traded as high as GBX 3,662 and last traded at GBX 3,657, with a volume of 239,856 shares trading hands. The stock had previously closed at GBX 3,636.

Analyst Ratings Changes

CRDA has been the topic of several analyst reports. Citigroup lifted their price target on Croda International from GBX 3,050 to GBX 3,200 and gave the stock a "neutral" rating in a report on Wednesday, July 29th. Berenberg Bank reiterated a "buy" rating and issued a GBX 3,600 price target on shares of Croda International in a research report on Wednesday, July 29th. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 4,000 price objective on shares of Croda International in a report on Friday, September 25th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a GBX 3,300 price target on shares of Croda International in a research report on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 3,490.

Croda International Stock Up 0.6%

The stock has a market capitalization of £5.10 billion, a price-to-earnings ratio of 64.27, a PEG ratio of 1.40 and a beta of 0.92. The firm's fifty day moving average is GBX 3,352.96 and its 200-day moving average is GBX 3,122.35. The company has a debt-to-equity ratio of 36.06, a current ratio of 2.57 and a quick ratio of 2.25.

Croda International (LON:CRDA - Get Free Report) last released its quarterly earnings data 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%. On average, sell-side analysts predict that Croda International Plc will post 181.83 earnings per share for the current year.

Insider Activity at Croda International

In other news, insider Stephen Oxley sold 1,339 shares of the firm's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of GBX 3,214, for a total transaction of £43,035.46. Insiders have purchased a total of 34 shares of company stock worth $113,072 in the last quarter. 0.84% of the stock is owned by company insiders.

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. 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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