Centrica (LON:CNA) Issues Quarterly Earnings Results

Centrica (LON:CNA) posted its quarterly 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 Stock Performance

Centrica stock opened at GBX 145.10 ($1.83) on Friday. The company has a current ratio of 1.77, a quick ratio of 0.40 and a debt-to-equity ratio of 66.48. The firm has a 50-day moving average of GBX 135.16 and a 200-day moving average of GBX 127.70. The firm has a market cap of £7.25 billion, a P/E ratio of 6.92, a P/E/G ratio of 0.45 and a beta of 1.08. Centrica has a 1-year low of GBX 112.99 ($1.43) and a 1-year high of GBX 155.30 ($1.96).

Wall Street Analyst Weigh In

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

Insider Transactions at Centrica

In related news, insider Amber Rudd purchased 1,672 shares of the firm’s stock in a transaction that occurred on Monday, January 27th. The stock was bought at an average cost of GBX 135 ($1.71) per share, with a total value of £2,257.20 ($2,851.80). Over the last ninety days, insiders bought 5,096 shares of company stock worth $658,232. Company insiders own 0.20% of the company’s stock.

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.