Philippe Boisseau Buys 1,270 Shares of Centrica plc (LON:CNA) Stock

Centrica plc (LON:CNA) insider Philippe Boisseau purchased 1,270 shares of the business’s stock in a transaction dated Wednesday, March 26th. The shares were bought at an average price of GBX 148 ($1.92) per share, with a total value of £1,879.60 ($2,433.45).

Centrica Price Performance

Centrica stock opened at GBX 149.01 ($1.93) on Friday. The company has a market cap of £7.45 billion, a P/E ratio of 7.10, a price-to-earnings-growth ratio of 0.45 and a beta of 1.08. Centrica plc has a one year low of GBX 112.99 ($1.46) and a one year high of GBX 155.30 ($2.01). The business has a fifty day moving average of GBX 142.21 and a two-hundred day moving average of GBX 130.67. 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 (LON:CNA) last announced its quarterly earnings results on Thursday, February 20th. The integrated energy company reported GBX 19 ($0.25) earnings per share (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 declared a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 1st will be given a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 2.08%. This is an increase from Centrica’s previous dividend of $1.50. The ex-dividend date of this dividend is Thursday, May 1st. Centrica’s dividend payout ratio (DPR) is presently 19.06%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on CNA shares. Citigroup reissued a “top pick” rating on shares of Centrica in a research note on Thursday, December 5th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 150 ($1.94) price target on shares of Centrica in a research note on Friday, December 6th. One investment analyst has rated the stock with a sell rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 167 ($2.16).

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.