Adolfo Hernandez Buys 2,763 Shares of Capita (LON:CPI) Stock

Capita plc (LON:CPI) insider Adolfo Hernandez purchased 2,763 shares of the company’s stock in a transaction on Friday, May 29th. The shares were purchased at an average price of GBX 405 per share, with a total value of £11,190.15.

Adolfo Hernandez also recently made the following trade(s):

• On Friday, March 13th, Adolfo Hernandez purchased 34,540 shares of Capita stock. The shares were purchased at an average price of GBX 279 per share, with a total value of £96,366.60.

Capita Stock Down 0.5%

Shares of LON:CPI traded down GBX 1.95 during mid-day trading on Friday, hitting GBX 399.55. 508,915 shares of the company traded hands, compared to its average volume of 1,547,696. The firm has a market cap of £478.58 million, a P/E ratio of -2.77, a PEG ratio of 0.18 and a beta of 0.82. The company has a debt-to-equity ratio of 964.14, a quick ratio of 0.53 and a current ratio of 0.54. Capita plc has a 52-week low of GBX 217 and a 52-week high of GBX 415.50. The firm’s 50 day simple moving average is GBX 296.64 and its 200 day simple moving average is GBX 339.44.

Capita (LON:CPI) last issued its quarterly earnings data on Tuesday, March 10th. The company reported GBX 49.71 earnings per share (EPS) for the quarter. Capita had a negative net margin of 7.45% and a negative return on equity of 142.88%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CPI. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Capita from GBX 300 to GBX 320 and gave the company a “hold” rating in a research report on Friday, March 27th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 450 price objective on shares of Capita in a research note on Friday, March 27th. Berenberg Bank lowered their price objective on Capita to GBX 330 and set a “hold” rating for the company in a research note on Wednesday, March 11th. Shore Capital Group restated a “buy” rating on shares of Capita in a research note on Thursday, April 23rd. Finally, Canaccord Genuity Group restated a “buy” rating and set a GBX 900 price objective on shares of Capita in a research note on Friday, March 27th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 464.20.

Capita Company Profile

Capita is a modern outsourcer, helping clients across the public and private sectors run complex business processes more efficiently, creating better consumer experiences. Operating across 8 countries, Capita’s colleagues support primarily UK and European clients with people-based services underpinned by market-leading technology. We play an integral role in society – our work matters to the lives of the millions of people who rely on us every day.