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Capita plc ( (GB:CPI) ) has shared an update.
Capita plc has released its H1 2024 segmental restatement, highlighting adjusted segmental information under its operating segment structure. The company reports a total adjusted revenue of £1,198.6 million and an adjusted operating profit of £54.5 million. The restatement reflects the exit of a small business in 2024 and includes subdivisions such as Contact Centre, Pension Solutions, and Regulated Services. Capita reiterates its full-year 2025 financial guidance of flat revenue, with operating margin improvements expected in the second half of the year, and anticipates being free cash flow positive by the end of 2025.
The most recent analyst rating on (GB:CPI) stock is a Buy with a £6.00 price target. To see the full list of analyst forecasts on Capita plc stock, see the GB:CPI Stock Forecast page.
Spark’s Take on GB:CPI Stock
According to Spark, TipRanks’ AI Analyst, GB:CPI is a Neutral.
Capita plc’s stock performance is primarily influenced by its challenging financial situation, offset by strong technical momentum and attractive valuation. The positive corporate events further enhance the company’s future prospects, though they are not weighted in the final score.
To see Spark’s full report on GB:CPI stock, click here.
More about Capita plc
Capita plc is a modern outsourcing company that assists clients in both the public and private sectors to manage complex business processes more efficiently, enhancing consumer experiences. With operations in eight countries, Capita’s 34,000 employees primarily support UK and European clients through people-based services backed by market-leading technology, playing a crucial role in society by impacting the lives of millions daily.
Average Trading Volume: 427,179
Technical Sentiment Signal: Buy
Current Market Cap: £381.3M
Find detailed analytics on CPI stock on TipRanks’ Stock Analysis page.