Insider Buying: Capita (LON:CPI) Insider Buys 20,000 Shares of Stock

Capita plc (LON:CPIGet Free Report) insider Daniel Wosner acquired 20,000 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was bought at an average cost of GBX 404 per share, with a total value of £80,800.

Capita Stock Down 0.6%

Capita stock opened at GBX 399.06 on Friday. The business’s 50-day moving average price is GBX 296.64 and its 200 day moving average price is GBX 339.44. The company has a quick ratio of 0.53, a current ratio of 0.54 and a debt-to-equity ratio of 964.14. The firm has a market cap of £477.99 million, a price-to-earnings ratio of -2.77, a price-to-earnings-growth ratio of 0.18 and a beta of 0.82. Capita plc has a 52 week low of GBX 217 and a 52 week high of GBX 415.50.

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CPI. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 450 target price on shares of Capita in a report on Friday, March 27th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 900 price objective on shares of Capita in a report on Friday, March 27th. Shore Capital Group reaffirmed a “buy” rating on shares of Capita in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Capita from GBX 300 to GBX 320 and gave the company a “hold” rating in a report on Friday, March 27th. Finally, Berenberg Bank cut their price objective on shares of Capita to GBX 330 and set a “hold” rating for the company in a report on Wednesday, March 11th. Four investment 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, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 464.20.

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About Capita

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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.

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