Share Name Share Symbol Market Type Share ISIN Share Description
Serco Group Plc LSE:SRP London Ordinary Share GB0007973794 ORD 2P
  Price Change % Change Share Price Shares Traded Last Trade
  1.30 1.02% 129.30 2,164,887 16:35:22
Bid Price Offer Price High Price Low Price Open Price
129.30 129.50 130.90 128.00 128.80
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 3,884.80 153.30 10.89 11.9 1,587
Last Trade Time Trade Type Trade Size Trade Price Currency
17:55:53 O 7,712 130.132 GBX

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Date Time Title Posts
03/3/202108:45Serco - Time to Buy2,110
12/11/201412:23$SRP.L – Serco – a dividend achiever gone wrong-
10/11/201414:22Possible support zone for Serco after warning-
14/8/201415:50SELL in Serco Group PLC (SRP.Lon)-

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Serco (SRP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-03-03 17:59:21130.137,71210,035.78O
2021-03-03 17:41:08129.42104,824135,665.32O
2021-03-03 17:41:08129.6331,64541,022.05O
2021-03-03 17:05:12130.371,0001,303.65O
2021-03-03 16:37:01129.3032,23441,678.56O
View all Serco trades in real-time

Serco (SRP) Top Chat Posts

Serco Daily Update: Serco Group Plc is listed in the Support Services sector of the London Stock Exchange with ticker SRP. The last closing price for Serco was 128p.
Serco Group Plc has a 4 week average price of 116.30p and a 12 week average price of 112.30p.
The 1 year high share price is 171.50p while the 1 year low share price is currently 97p.
There are currently 1,227,205,781 shares in issue and the average daily traded volume is 6,734,225 shares. The market capitalisation of Serco Group Plc is £1,586,777,074.83.
mark0419: Something not quiet right with those stonking results. The price will eventually catch up with the results posted I guess.And now paying a divi. Cheers
davethehorse: Are the SRP share buy backs holding it back? i.e being held back to achieve a lower buy back price??
davethehorse: Surely SRP are due a decent bounce soon?
srichardson8: I think and hope this is an oil tanker rather than a speedboat. Management comment seems realistic and informative and whilst (for instance) the forward price earnings doesn't look particularly cheap the return on capital now looks miles better, the balance sheet really quite good and the prospects for modest growth excellent. The pandemic impact this year and perhaps onward is difficult to ascertain, as acknowledged by the recent trading update, and there are some glaring bald patches - air travel related, leisure centres and so on. There may also be a simple market factor that investors, especially aggressive funds and individuals, have been and still are mnore prepared to buy what are pretty high growth/risk shares especially in tech. I cannot really understand why the Altman score, which measures bankruptcy risk, is so low and there hasn't been much institutional buying though I am reassured to see the small increase in the Blackrock stake. They are, imo, very conservative and very thorough. In short, it seems now to be a much better managed company with a low share price. Rather better, perhaps, than G4 which has effectively been taken out. Serco is only valued at £1.5bn (G$ much larger, £3.8bn, exit mutltiple around x16) which really means it is a small cap despite >1bn shares in issue. I am guardedly optimistic.
sir bean counter: I think it's clever to avoid the cheap negative headlines that a dividend could bring now, especially when a divi could still be quietly re-introduced in a few months time. Instead, they've announced a £40m share buy-back - although they say some shares may be used for employee remuneration, my guess is that's partially so they have a defence if accused of returning perceived ill-gotten Covid gains to shareholders. My hunch is most shares will be cancelled, making it a cheeky share buy-back that would support the share price. So shareholders still benefit, without the cheap negative soundbites that a divi might have caused. Just my interpretation...
ianb5004: I expected no divi given they haven't paid one for a few years and in the last update they mentioned there was still uncertainty due to covid. Probably wise to wait for February and see progress on vaccine v covid.. Very strong trading update though and share price way off last years highs of £1.70p. Revenues up 20% underlying profits up 35% margin up to 4% Looks a safe hold, plenty of upSide little if any downside at this price imo. Broker upgrades to follow?
bc4: Liberum: Serco shares oversold Outsourcing group Serco (SRP) is ‘trading strongly’ and the shares are oversold, according to Liberum. Analyst Joe Brent retained his ‘buy’ recommendation and target price of 180p on the shares, which rose 4.6% to 119.1p yesterday. He said the group was ‘trading strongly’, helped by the contract for the test and trace system and despite problems at Merseyrail. ‘[Serco chief executive] Rupert Soames is adamant that test and trace is performing well and we think it is unlikely to disappear any time soon,’ said Brent. ‘Management is upbeat about the US in the most likely scenario of a Joe Biden win and a Republican Senate.’ Brent said given the opportunities ‘the shares have been oversold’.
smithless: Lot of Institutional shares changing hands at the moment, which is a drag on the share price. Will pass, but depressing price at present.
carer: I think the share price will not go any lower as some fund managers have sold for profits recently , hence the share price fell. At this level to sell , it does not make sense. Blackrock etc ahve still significant holdings here. I think it might be a good time to top up as the principle buy low sell high holds. It is futile for an individual private investor to derump or rump the share. The share has been punished enough for some negative reasons. I like the company has a global spread and seems to have solid orders in the pipeline.
18bt: CPI expecting fall in both turnover and profit in 2020 before recovering vs 14% turnover growth and 15% EPS growth at SRP- admittedly that's reflected on 6x PER for CPI vs 22 for SRP, but consensus forecast history has been on the up for SRP. The real problem at CPI though is debt which is 3x the market cap and pension deficit as well - that will allow SRP to keep growing whereas CPI will have to downsize. I don't deny CPI is cheap, but I think that's for a reason.
Serco share price data is direct from the London Stock Exchange
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