Centrica (LON:CNA) Issues Earnings Results

Centrica (LON:CNA) announced its quarterly earnings results on Friday. The integrated energy company reported GBX 11.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Centrica had a return on equity of 25.16% and a net margin of 5.39%.

Centrica Price Performance

Shares of CNA stock traded up GBX 2.59 during trading on Friday, hitting GBX 188.49. The company had a trading volume of 17,521,420 shares, compared to its average volume of 11,760,858. The firm has a market capitalization of £8.52 billion, a P/E ratio of -40.98, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. Centrica has a one year low of GBX 137.55 and a one year high of GBX 200. The company has a debt-to-equity ratio of 66.48, a quick ratio of 0.40 and a current ratio of 1.77. The stock’s 50-day moving average price is GBX 180.61 and its 200 day moving average price is GBX 172.23.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on CNA shares. Citigroup raised their target price on shares of Centrica from GBX 185 to GBX 200 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. Royal Bank Of Canada increased their price target on shares of Centrica from GBX 200 to GBX 215 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Centrica currently has a consensus rating of “Moderate Buy” and an average price target of GBX 198.80.

Insider Buying and Selling at Centrica

In related news, insider Sue Whalley bought 600 shares of the business’s stock in a transaction dated Tuesday, November 25th. The stock was purchased at an average cost of GBX 163 per share, for a total transaction of £978. Also, insider Philippe Boisseau bought 1,116 shares of Centrica stock in a transaction dated Monday, December 29th. The shares were bought at an average cost of GBX 168 per share, for a total transaction of £1,874.88. Insiders acquired a total of 5,429 shares of company stock valued at $933,943 over the last ninety days. Insiders own 0.39% 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. Our Infrastructure businesses bring gas and electricity to the market every day and provide more than half of the UK’s gas storage capacity, while our Optimisation business delivers world-class procurement and route-to-market capabilities to the Group and third parties, supporting energy security and our customers’ decarbonisation journeys.