Centrica (LON:CNA) Posts Quarterly Earnings Results

Centrica (LON:CNA) issued its quarterly earnings results on Thursday. The integrated energy company reported GBX 19 ($0.24) 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 Up 5.4 %

Shares of LON CNA traded up GBX 7.40 ($0.09) during trading on Thursday, hitting GBX 143.30 ($1.80). The stock had a trading volume of 273,003,594 shares, compared to its average volume of 30,370,088. The company has a debt-to-equity ratio of 66.48, a current ratio of 1.77 and a quick ratio of 0.40. Centrica has a 12 month low of GBX 112.99 ($1.42) and a 12 month high of GBX 155.30 ($1.95). The company has a market capitalization of £7.16 billion, a PE ratio of 6.83, a PEG ratio of 0.45 and a beta of 1.08. The firm has a fifty day moving average of GBX 134.61 and a two-hundred day moving average of GBX 127.55.

Analysts Set New Price Targets

CNA has been the subject of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 150 ($1.89) price objective on shares of Centrica in a research report on Friday, December 6th. Citigroup reiterated a “top pick” rating on shares of Centrica in a research report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 167 ($2.10).

Insider Activity at Centrica

In related news, insider Amber Rudd purchased 1,688 shares of the firm’s stock in a transaction on Friday, December 27th. The shares were acquired at an average cost of GBX 129 ($1.62) per share, with a total value of £2,177.52 ($2,740.05). Over the last 90 days, insiders bought 5,096 shares of company stock valued at $658,232. Corporate insiders own 0.20% of the company’s stock.

Centrica Company Profile

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.