Adolfo Hernandez Buys 34,540 Shares of Capita (LON:CPI) Stock

Capita plc (LON:CPI) insider Adolfo Hernandez bought 34,540 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average price of GBX 279 per share, for a total transaction of £96,366.60.

Capita Stock Performance

LON:CPI opened at GBX 257.76 on Monday. The company has a debt-to-equity ratio of 964.14, a quick ratio of 0.53 and a current ratio of 0.54. The stock has a 50-day simple moving average of GBX 368.06 and a two-hundred day simple moving average of GBX 337.95. The firm has a market capitalization of £293.20 million, a PE ratio of 19.01, a P/E/G ratio of 0.18 and a beta of 0.66. Capita plc has a 52-week low of GBX 168 and a 52-week high of GBX 415.50.

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

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Berenberg Bank decreased their price target on Capita to GBX 330 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 900 price objective on shares of Capita in a research note on Wednesday, March 11th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 489.

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.