Kier Group (LON:KIE) Releases Earnings Results

Kier Group (LON:KIE) released its earnings results on Tuesday. The company reported GBX 8.70 ($0.11) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kier Group had a return on equity of 8.23% and a net margin of 1.09%.

Kier Group Stock Performance

Shares of LON KIE traded down GBX 0.20 ($0.00) during midday trading on Thursday, reaching GBX 122.60 ($1.59). The company’s stock had a trading volume of 10,123,802 shares, compared to its average volume of 3,760,486. The company has a debt-to-equity ratio of 302.83, a current ratio of 0.88 and a quick ratio of 0.69. The stock has a market capitalization of £527.74 million, a P/E ratio of 12.34, a PEG ratio of 0.29 and a beta of 1.14. Kier Group has a 12-month low of GBX 118.80 ($1.54) and a 12-month high of GBX 163.27 ($2.12). The firm has a 50 day moving average price of GBX 145.39 and a 200-day moving average price of GBX 145.72.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and set a GBX 210 ($2.72) price target on shares of Kier Group in a report on Thursday, January 23rd.

Insider Activity

In other news, insider Matthew Lester purchased 16,310 shares of Kier Group stock in a transaction dated Tuesday, March 11th. The stock was purchased at an average cost of GBX 123 ($1.60) per share, for a total transaction of £20,061.30 ($26,016.47). Insiders own 6.07% of the company’s stock.

Kier Group Company Profile

Kier Group is a leading infrastructure services, construction and property group based in the UK.

Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK’s leading infrastructure services and construction company.

We operate through three segments; Infrastructure Services, Construction and Property.