Serco Group (LON:SRP) Issues Quarterly Earnings Results

Serco Group (LON:SRP) announced its earnings results on Thursday. The company reported GBX 16.67 ($0.21) earnings per share for the quarter, Digital Look Earnings reports. Serco Group had a net margin of 2.87% and a return on equity of 13.70%.

Serco Group Trading Down 1.0 %

LON SRP opened at GBX 163.40 ($2.05) on Friday. Serco Group has a 12 month low of GBX 136.20 ($1.71) and a 12 month high of GBX 196.40 ($2.47). The company has a 50-day moving average of GBX 154.74 and a 200-day moving average of GBX 163.55. The company has a debt-to-equity ratio of 62.40, a current ratio of 0.91 and a quick ratio of 0.98. The company has a market cap of £1.66 billion, a P/E ratio of 12.73, a P/E/G ratio of 3.06 and a beta of 0.38.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “hold” rating on shares of Serco Group in a research note on Friday, February 7th.

Serco Group Company Profile

Serco Group plc provides public services in the United Kingdom, Europe, North America, the Asia Pacific, and the Middle East. It offers service design and advisory, resourcing, programmes management, systems integration, case management, engineering, and assets and facilities management services. The company also provides administrative and back office, asylum seeker accommodation or passenger transport services; supports in the decarbonization journeys of customers and society, including installation of ground source heat pumps, solar panels, and energy efficiency upgrades; ecosystem restoration and biodiversity services comprising plantation; reforestation services; and a rage of support services for environmental protection.