Centrica (LON:CNA) Posts Earnings Results

Centrica (LON:CNA) released its earnings results 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 5.7 %

LON CNA traded up GBX 7.75 ($0.10) on Thursday, reaching GBX 143.65 ($1.81). The company had a trading volume of 273,895,781 shares, compared to its average volume of 30,394,871. The firm has a market capitalization of £7.18 billion, a price-to-earnings ratio of 6.85, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. The company has a debt-to-equity ratio of 66.48, a quick ratio of 0.40 and a current ratio of 1.77. Centrica has a 1-year low of GBX 112.99 ($1.42) and a 1-year high of GBX 155.30 ($1.95). The company’s fifty day moving average is GBX 134.61 and its 200-day moving average is GBX 127.55.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CNA. Citigroup reissued a “top pick” rating on shares of Centrica in a research report on Thursday, December 5th. Jefferies Financial Group reissued a “buy” rating and set a GBX 150 ($1.89) target price on shares of Centrica in a research report on Friday, December 6th. One investment 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 company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 167 ($2.10).

Insider Buying and Selling

In other news, insider Amber Rudd purchased 1,672 shares of the company’s stock in a transaction on Monday, January 27th. The shares were purchased at an average cost of GBX 135 ($1.70) per share, with a total value of £2,257.20 ($2,840.32). Over the last quarter, insiders have purchased 5,096 shares of company stock worth $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.