Serco Group (LON:SRP) Posts Quarterly Earnings Results

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

Serco Group Price Performance

Shares of LON SRP traded up GBX 5.93 ($0.08) during midday trading on Thursday, hitting GBX 164.93 ($2.09). The company had a trading volume of 2,270,029 shares, compared to its average volume of 9,495,648. The company has a quick ratio of 0.98, a current ratio of 0.91 and a debt-to-equity ratio of 62.40. The business has a 50-day simple moving average of GBX 154.45 and a two-hundred day simple moving average of GBX 163.58. Serco Group has a twelve month low of GBX 136.20 ($1.73) and a twelve month high of GBX 196.40 ($2.49). The firm has a market capitalization of £1.67 billion, a price-to-earnings ratio of 12.85, a price-to-earnings-growth ratio of 3.06 and a beta of 0.38.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “hold” rating on shares of Serco Group in a report 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.