Capita (CPI)

Sector:

Support

Index:

FTSE Small Cap

13.16p
   
  • Change Today:
    -0.14p
  • 52 Week High: 34.92
  • 52 Week Low: 12.50
  • Currency: UK Pounds
  • Shares Issued: 1,701.27m
  • Volume: 6,450,821
  • Market Cap: £223.89m
  • RiskGrade: 259

Capita named preferred bidder on contracts worth £565m

By Michele Maatouk

Date: Thursday 25 May 2023

LONDON (ShareCast) - (Sharecast News) - Capita has been selected as preferred bidder to deliver new services designed to assess how much people should be paid in benefits.


The contracts are to deliver functional assessment service (FAS) assessments in the Midlands and Wales for the Department for Work and Pensions (DWP), and in Northern Ireland for the Department for Communities (DfC).

They are worth a combined £565m and will run for five years from 2024 to 2029, with an option to extend for a further two years.

Capita said on Thursday that FAS is a new service that will bring together existing assessment services for disabled people and people with health conditions under a single provider in each geographical region.

The outsourcer will deliver assessments for Personal Independence Payment (PIP), Employment and Support Allowance (ESA) and Universal Credit (UC), as well as a number of specialist benefits.

In the Midlands and Wales, Capita will partner with Maximus, the assessment provider responsible for Health and Disability Assessment Services (HDAS) in Great Britain since 2015.

Chief executive Jon Lewis said: "We are proud to have been selected as the preferred bidder to deliver these new contracts, which are central to the Government's long-term plan for health assessments.

"We will bring our strong track record for delivery in this sector and our relentless focus on quality and claimant experience to this range of benefits. We will also be investing in our health professionals who deliver such a vital public service."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Capita Market Data

Currency UK Pounds
Share Price 13.16p
Change Today -0.14p
% Change -1.05 %
52 Week High 34.92
52 Week Low 12.50
Volume 6,450,821
Shares Issued 1,701.27m
Market Cap £223.89m
RiskGrade 259

Capita Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.64% above the market average95.64% above the market average95.64% above the market average95.64% above the market average95.64% above the market average
91.11% above the sector average91.11% above the sector average91.11% above the sector average91.11% above the sector average91.11% above the sector average
Price Trend
68.48% below the market average68.48% below the market average68.48% below the market average68.48% below the market average68.48% below the market average
80.2% below the sector average80.2% below the sector average80.2% below the sector average80.2% below the sector average80.2% below the sector average
Income
47.8% below the market average47.8% below the market average47.8% below the market average47.8% below the market average47.8% below the market average
34.38% below the sector average34.38% below the sector average34.38% below the sector average34.38% below the sector average34.38% below the sector average
Growth
95.46% below the market average95.46% below the market average95.46% below the market average95.46% below the market average95.46% below the market average
96% below the sector average96% below the sector average96% below the sector average96% below the sector average96% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 1
Strong Sell 0
Total 5
buy
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Capita Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Oct-17 25-May-17
Paid 30-Nov-17 03-Jul-17
Amount 11.10p 20.60p

Trades for 19-Apr-2024

Time Volume / Share Price
17:07 15,000 @ 13.16p
16:35 839,126 @ 13.16p
16:35 1,238 @ 13.16p
16:35 8,111 @ 13.16p
16:35 2,994 @ 13.16p

Capita Key Personnel

CFO Tim Weller
CEO Adolfo Hernandez

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