Insider Buying: Centrica plc (LON:CNA) Insider Buys 1,270 Shares of Stock

Centrica plc (LON:CNA) insider Philippe Boisseau bought 1,270 shares of the firm’s stock in a transaction dated Wednesday, March 26th. The stock was purchased at an average price of GBX 148 ($1.92) per share, with a total value of £1,879.60 ($2,432.82).

Centrica Stock Up 0.6 %

Shares of Centrica stock opened at GBX 149.70 ($1.94) on Friday. Centrica plc has a 1-year low of GBX 112.99 ($1.46) and a 1-year high of GBX 155.30 ($2.01). The company has a market capitalization of £7.48 billion, a P/E ratio of 7.13, a PEG ratio of 0.45 and a beta of 1.08. The business’s fifty day moving average price is GBX 142.48 and its two-hundred day moving average price is GBX 130.81. 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 (LON:CNA) last released its quarterly earnings results on Thursday, February 20th. The integrated energy company reported GBX 19 ($0.25) EPS for the quarter. Centrica had a net margin of 5.39% and a return on equity of 25.16%.

Centrica Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, June 5th. Investors of record on Thursday, May 1st will be issued a GBX 3 ($0.04) dividend. This represents a dividend yield of 2.08%. This is a boost from Centrica’s previous dividend of $1.50. The ex-dividend date is Thursday, May 1st. Centrica’s payout ratio is presently 19.06%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CNA. Citigroup reiterated a “top pick” rating on shares of Centrica in a research note on Thursday, December 5th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 150 ($1.94) price objective 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 given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Centrica presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 167 ($2.16).

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.