LON:SRP

Serco Group (SRP) Share Forecast, Price & News

GBX 145.80

+1.00 (+0.69%)

(As of 06/2/2023 ET)

Compare

Today's Range: 144.30
▼
145.90
50-Day Range: 142.90
▼
154.90
52-Week Range: 141.98
▼
199

Volume: 1.24 million shs
Average Volume: 3.73 million shs
Market Capitalization: £1.62 billion

P/E Ratio: 1,121.54
Dividend Yield: 2.06%
Price Target: GBX 211.40

Profile Analyst Ratings Chart Competitors Dividend Insider Trades Headlines

Serco Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 45.0% Upside
GBX 211.40 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
£16.88 M Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.73 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Serco Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 211.40, Serco Group has a forecasted upside of 45.0% from its current price of GBX 145.80.
Amount of Analyst Coverage
Serco Group has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for SRP.

0.8

Dividend Strength

Dividend Yield
Serco Group pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Serco Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Serco Group is 2,307.69%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SRP.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Serco Group this week, compared to 0 articles on an average week.
MarketBeat Follows
Only 1 people have added Serco Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Serco Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £168,791.44 in company stock.
Percentage Held by Insiders
Only 2.21% of the stock of Serco Group is held by insiders.
Percentage Held by Institutions
82.67% of the stock of Serco Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Serco Group is 1,121.54, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 127.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of Serco Group is 1,121.54, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 287.78.
Price to Earnings Growth Ratio
Serco Group has a PEG Ratio of 3.06. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Serco Group has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Serco Group (LON:SRP) Stock

Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. The company offers base and operational support engineering, and management and information, as well as nuclear, space, and maritime services for the defense sector; and custodial, immigration detention, and detainee transport and monitoring services for the justice and immigration sectors. It also provides rail, ferry, and cycle operations; road traffic management; and air traffic control services to the transportation sector, as well as integrated facilities management, pathology and non-clinical support, and patient administration and contact services for the health sector. In addition, the company offers citizen services, including contact centers and case management; middle, back office, and IT; and employment and skills services. The company serves the United Kingdom and Canadian governments, devolved authorities, and other public sector customers; and federal and civilian agencies, and various state and municipal governments. Serco Group plc was founded in 1929 and is based in Hook, the United Kingdom.

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SRP Stock News Headlines

June 2, 2023 | americanbankingnews.com

Serco Group (LON:SRP) Sets New 1-Year Low at $142.70

May 22, 2023 | americanbankingnews.com

Analysts Set Serco Group plc (LON:SRP) PT at GBX 211.40

June 2, 2023 | Vector Vest (Ad)

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May 9, 2023 | americanbankingnews.com

Serco Group plc (SRP) to Issue Dividend of GBX 1.92 on June 9th

May 2, 2023 | finance.yahoo.com

A Look At The Intrinsic Value Of Serco Group plc (LON:SRP)

April 27, 2023 | americanbankingnews.com

Serco Group plc (LON:SRP) Receives GBX 211.40 Consensus Target Price from Brokerages

April 15, 2023 | americanbankingnews.com

Nigel Crossley Sells 111,047 Shares of Serco Group plc (LON:SRP) Stock

April 5, 2023 | finance.yahoo.com

Serco Group's (LON:SRP) Shareholders Will Receive A Bigger Dividend Than Last Year

June 2, 2023 | Vector Vest (Ad)

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Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation.

April 2, 2023 | americanbankingnews.com

Brokerages Set Serco Group plc (LON:SRP) PT at GBX 211.40

March 23, 2023 | americanbankingnews.com

Citigroup Reiterates Buy Rating for Serco Group (LON:SRP)

January 21, 2023 | uk.finance.yahoo.com

Every passenger on Nicola Sturgeon’s Caledonian Sleeper costs taxpayers £95

January 5, 2023 | benzinga.com

Serco Promotes Don Styer and Christine Kalb as CTO and CIO

December 15, 2022 | msn.com

MARKET REPORT: Outsourcing giant Serco fighting fit as chief exec Rupert Soames prepares to bow out at end of the year

December 15, 2022 | msn.com

Serco hikes profit outlook once more as boss prepares to hand over the reins

November 19, 2022 | finance.yahoo.com

Directors’ Deals: Serco chief sells £3mn of shares

November 10, 2022 | finance.yahoo.com

Is Serco Group plc (LON:SRP) Worth UK£1.6 Based On Its Intrinsic Value?

November 9, 2022 | msn.com

Outgoing Serco chief Rupert Soames sells £3m stake

November 9, 2022 | msn.com

Outgoing Serco chief Rupert Soames sells £3m stake ahead of his planned retirement

November 9, 2022 | uk.finance.yahoo.com

Serious Fraud Office chief to step down after controversial tenure

October 20, 2022 | finance.yahoo.com

Serco Group (LON:SRP) grows 6.6% this week, taking five-year gains to 41%

September 30, 2022 | finance.yahoo.com

UK pension funds ask corporates for cash after gilt blow-up -sources

September 21, 2022 | uk.finance.yahoo.com

Those of a nervous disposition might give up on this stock – but not us

September 13, 2022 | nasdaq.com

Serco CEO Soames to step down, Europe & UK unit head to succeed

September 12, 2022 | americanbankingnews.com

Serco Group's (SRP) Buy Rating Reaffirmed at Shore Capital

September 12, 2022 | uk.investing.com

Serco CEO Rupert Soames to step down in December

August 5, 2022 | au.finance.yahoo.com

Serco Group plc (SRP.L)

See More Headlines

SRP Price History

30 days | 90 days | 365 days | Advanced Chart

SRP Company Calendar

Ex-Dividend for 6/9 Dividend: 5/11/2023
Today: 6/02/2023
Dividend Payable: 6/09/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Business Services
Sub-Industry: N/A
Sector: Business Services
Current Symbol: LON:SRP
CUSIP: N/A
CIK: N/A
Web: www.serco.com
Phone: +44-1256-745900
Fax: N/A
Employees: 50,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 211.40
High Stock Price Forecast: GBX 230
Low Stock Price Forecast: GBX 190
Forecasted Upside/Downside: +45.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.13
Trailing P/E Ratio: 1,122.31
Forward P/E Ratio: 11.31
P/E Growth: 3.06
Net Income: £155.40 million
Net Margins: 3.43%
Pretax Margin: N/A
Return on Equity: 15.21%
Return on Assets: 4.73%

Debt

Debt-to-Equity Ratio: 68.85
Current Ratio: 0.80
Quick Ratio: 0.98

Sales & Book Value

Annual Sales: £4.53 billion
Price / Sales: 0.36
Cash Flow: GBX 13.95 per share
Price / Cash Flow: 10.45
Book Value: GBX 89 per share
Price / Book: 1.64

Miscellaneous

Outstanding Shares: 1,110,000,000
Free Float: N/A
Market Cap: £1.62 billion
Optionable: Not Optionable
Beta: 0.34

Key Executives

Mr. Nigel Crossley
Group CFO & Director

Mr. Rupert C. Soames OBE (Age 64)
Exec. Officer
Comp: $2.46M

Mr. Mark W. Irwin (Age 58)
CEO & Director

Paul Checketts
Head of Investor Relations

Mr. David Eveleigh
Group Gen. Counsel & Company Sec.

Mr. Marcus De Ville
Head of Media Relations

Mr. Ian Crichton
Managing Director of Health Bus.

Mr. Paul McCarter
Managing Director - UK Defense Bus.

Mr. Anthony Kirby
Chief Exec. of Serco's UK & Europe business

Mr. Phil Malem
Chief Exec. Officer of Serco Middle East

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

SRP Stock - Frequently Asked Questions

Should I buy or sell Serco Group stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Serco Group in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SRP shares.
View SRP analyst ratings or view top-rated stocks.
What is Serco Group's stock price forecast for 2023?: 7 equities research analysts have issued 1-year price objectives for Serco Group's stock. Their SRP share price forecasts range from GBX 190 to GBX 230. On average, they expect the company's stock price to reach GBX 211.40 in the next year. This suggests a possible upside of 45.0% from the stock's current price.
View analysts price targets for SRP or view top-rated stocks among Wall Street analysts.
How have SRP shares performed in 2023?: Serco Group's stock was trading at GBX 155.40 at the beginning of the year. Since then, SRP shares have decreased by 6.2% and is now trading at GBX 145.80.
View the best growth stocks for 2023 here.
How often does Serco Group pay dividends? What is the dividend yield for Serco Group?: Serco Group announced a dividend on Tuesday, February 28th. Shareholders of record on Thursday, May 11th will be given a dividend of GBX 1.92 per share on Friday, June 9th. This represents a yield of 1.29%. The ex-dividend date of this dividend is Thursday, May 11th. This is a positive change from the stock's previous dividend of GBX 0.94. The official announcement can be seen at this link.
Read our dividend analysis for SRP.
Is Serco Group a good dividend stock?: Serco Group (LON:SRP) pays an annual dividend of GBX 3 per share and currently has a dividend yield of 1.96%. The dividend payout ratio is 2,307.69%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SRP.
What other stocks do shareholders of Serco Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Serco Group investors own include Envestnet (ENV), The Bankers Investment Trust (BNKR), BTG (BTG), Teladoc Health (TDOC), Rotork (ROR), Babcock International Group (BAB), International Consolidated Airlines Group (IAG), 1724525 (ADN.L) (ADN), Aggreko (AGK) and Amerisur Resources (AMER).

What is Serco Group's stock symbol?: Serco Group trades on the London Stock Exchange (LON) under the ticker symbol "SRP."
How do I buy shares of Serco Group?: Shares of SRP stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.
What is Serco Group's stock price today?: One share of SRP stock can currently be purchased for approximately GBX 145.80.
How much money does Serco Group make?: Serco Group (LON:SRP) has a market capitalization of £1.62 billion and generates £4.53 billion in revenue each year. The company earns £155.40 million in net income (profit) each year or GBX 0.13 on an earnings per share basis.
How many employees does Serco Group have?: The company employs 50,000 workers across the globe.
How can I contact Serco Group?: Serco Group's mailing address is Serco House Bartley Way,16 Bartley Wood Business Prk, HOOK, RG27 9UY, United Kingdom. The official website for the company is www.serco.com. The company can be reached via phone at +44-1256-745900.

This page (LON:SRP) was last updated on 6/2/2023 by MarketBeat.com Staff

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Serco Group (SRP) Share Forecast, Price & News

Serco Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Serco Group (LON:SRP) Stock

SRP Stock News Headlines

SRP Price History

SRP Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

SRP Stock - Frequently Asked Questions

Overall MarketRank^™