Insider Buying: Capita (LON:CPI) Insider Acquires 34,540 Shares of Stock

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

Capita Price Performance

CPI opened at GBX 257.76 on Monday. The company’s 50-day simple moving average is GBX 368.06 and its two-hundred day simple moving average is GBX 337.95. 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 market capitalization of £293.20 million, a P/E 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 announced its quarterly earnings results on Tuesday, March 10th. The company reported GBX 49.71 EPS for the quarter. Capita had a negative net margin of 7.45% and a negative return on equity of 142.88%.

Analysts Set New Price Targets

Several research analysts have issued reports on CPI shares. Berenberg Bank dropped their target price on Capita to GBX 330 and set a “hold” rating on the stock in a research report on Wednesday, March 11th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 900 price target on shares of Capita in a research report on Wednesday, March 11th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.