Centrica (LON:CNA) Issues Quarterly Earnings Results

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

Centrica Stock Up 2.6 %

Shares of LON:CNA opened at GBX 147.34 ($1.87) on Friday. Centrica has a 52-week low of GBX 112.99 ($1.43) and a 52-week high of GBX 155.30 ($1.97). The stock has a market cap of £7.36 billion, a P/E ratio of 7.02, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The business’s 50 day moving average is GBX 134.88 and its 200 day moving average is GBX 127.66. The company has a quick ratio of 0.40, a current ratio of 1.77 and a debt-to-equity ratio of 66.48.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 150 ($1.90) price objective on shares of Centrica in a research note on Friday, December 6th. Citigroup reissued a “top pick” rating on shares of Centrica in a research note on Thursday, December 5th. One research 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, Centrica has an average rating of “Moderate Buy” and a consensus price target of GBX 167 ($2.12).

Insider Buying and Selling

In other news, insider Amber Rudd acquired 1,688 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The shares were bought at an average price of GBX 129 ($1.63) per share, with a total value of £2,177.52 ($2,759.15). Insiders have bought a total of 5,096 shares of company stock valued at $658,232 over the last quarter. 0.20% of the stock is owned by corporate insiders.

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.