Centrica (LON:CNA) Posts Quarterly Earnings Results

Centrica (LON:CNA) released its earnings results on Thursday. The integrated energy company reported GBX 19 ($0.24) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Centrica had a net margin of 5.39% and a return on equity of 25.16%.

Centrica Price Performance

Shares of LON CNA opened at GBX 145.10 ($1.83) on Friday. Centrica has a twelve month low of GBX 112.99 ($1.43) and a twelve month high of GBX 155.30 ($1.96). The firm has a market cap of £7.25 billion, a P/E ratio of 6.92, a PEG ratio of 0.45 and a beta of 1.08. The company has a 50 day moving average of GBX 135.16 and a 200 day moving average of GBX 127.70. The company has a quick ratio of 0.40, a current ratio of 1.77 and a debt-to-equity ratio of 66.48.

Insider Buying and Selling

In related news, insider Amber Rudd bought 1,688 shares of the business’s stock in a transaction on Friday, December 27th. The stock was acquired at an average price of GBX 129 ($1.63) per share, with a total value of £2,177.52 ($2,751.13). Insiders bought a total of 5,096 shares of company stock worth $658,232 in the last three months. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

CNA has been the subject of several recent research reports. Jefferies Financial Group reiterated a “buy” rating and set a GBX 150 ($1.90) target price on shares of Centrica in a report on Friday, December 6th. Citigroup reiterated a “top pick” rating on shares of Centrica in a report on Thursday, December 5th. One analyst has rated the stock with a sell rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 167 ($2.11).

About Centrica

Centrica is energising a greener, fairer future for our colleagues, customers and communities. Our integrated business operates across the energy value chain, with over ten million Retail customers, leading brands such as British Gas and Bord Gáis Energy, and the UK’s largest energy services workforce.