Serco Group (LON:SRP) Sets New 12-Month High - Time to Buy?

Key Points

• Serco Group reached a new 52-week high of GBX 311.40 (up ~2.2%) with about 5.13 million shares traded, trading above its 50-day (GBX 294.92) and 200-day (GBX 260.84) moving averages.
• The stock appears richly valued with a P/E of 61.83, a PEG of 3.06 and a market cap of roughly £3.07 billion.
• Fundamentals show high leverage (debt-to-equity ~109.84) and modest profitability—last quarter EPS GBX 17.31, net margin ~0.99% and ROE ~5.67%.

Serco Group plc (LON:SRP - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 311.40 and last traded at GBX 311.40, with a volume of 5131417 shares trading hands. The stock had previously closed at GBX 303.60.

Serco Group Stock Up 2.2%

The firm has a 50 day moving average price of GBX 294.92 and a 200-day moving average price of GBX 260.84. The firm has a market cap of £3.07 billion, a price-to-earnings ratio of 61.83, a price-to-earnings-growth ratio of 3.06 and a beta of 0.53. The company has a debt-to-equity ratio of 109.84, a current ratio of 0.91 and a quick ratio of 0.98.

Serco Group (LON:SRP - Get Free Report) last posted its quarterly earnings results on Thursday, March 5th. The company reported GBX 17.31 earnings per share for the quarter. Serco Group had a net margin of 0.99% and a return on equity of 5.67%. As a group, equities analysts predict that Serco Group plc will post 17.552759 EPS for the current fiscal year.

Serco Group Company Profile

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