Insider Selling: Centrica (LON:CNA) Insider Sells 327,270 Shares of Stock

Key Points

• Insider sale: Centrica insider Chris O'Shea sold 327,270 shares at an average of GBX 200 on March 23, for a total of £654,540.
• Analyst sentiment: Several analysts have raised price targets (Citigroup to GBX 218, RBC to GBX 215) and the consensus rating is a Moderate Buy with a consensus target of GBX 202.40.
• Fundamentals: The company has an £8.81bn market cap but shows weak profitability—negative P/E (-129.97), a net margin of 0.37% and ROE of 1.68%—while the stock trades near its 52-week high (GBX 214).

Centrica plc (LON:CNA - Get Free Report) insider Chris O’Shea sold 327,270 shares of the company's stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of GBX 200, for a total transaction of £654,540.

Centrica Price Performance

Shares of CNA stock opened at GBX 194.95 on Tuesday. The stock has a 50 day moving average price of GBX 193.12 and a 200 day moving average price of GBX 177.93. Centrica plc has a 52-week low of GBX 137.55 and a 52-week high of GBX 214. The company has a debt-to-equity ratio of 98.77, a quick ratio of 0.40 and a current ratio of 1.45. The firm has a market capitalization of £8.81 billion, a P/E ratio of -129.97, a P/E/G ratio of 0.45 and a beta of 0.48.

Centrica (LON:CNA - Get Free Report) last posted its quarterly earnings results on Friday, February 20th. The integrated energy company reported GBX 11.20 EPS for the quarter. Centrica had a net margin of 0.37% and a return on equity of 1.68%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on CNA shares. Citigroup upped their target price on Centrica from GBX 200 to GBX 218 and gave the company a "buy" rating in a research report on Wednesday, March 11th. Royal Bank Of Canada boosted their price target on Centrica from GBX 200 to GBX 215 and gave the stock an "outperform" rating in a research note on Tuesday, February 3rd. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 202.40.

Centrica Company Profile

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. Our Infrastructure businesses bring gas and electricity to the market every day and provide more than half of the UK's gas storage capacity, while our Optimisation business delivers world-class procurement and route-to-market capabilities to the Group and third parties, supporting energy security and our customers' decarbonisation journeys.

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