Shore Capital Reiterates Buy Rating for Kainos Group (LON:KNOS)

Shore Capital reaffirmed their buy rating on shares of Kainos Group (LON:KNOS) in a report published on Friday morning, Marketbeat reports.

Kainos Group Stock Down 3.6 %

Shares of LON KNOS opened at GBX 781 ($9.69) on Friday. The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The firm has a 50-day moving average price of GBX 790.52 and a 200 day moving average price of GBX 876.64. Kainos Group has a 52 week low of GBX 726 ($9.01) and a 52 week high of GBX 1,288 ($15.98). The stock has a market capitalization of £982.81 million, a price-to-earnings ratio of 2,002.56, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79.

Kainos Group (LON:KNOS) last announced its quarterly earnings results on Monday, November 11th. The company reported GBX 22.50 ($0.28) EPS for the quarter. Kainos Group had a return on equity of 34.05% and a net margin of 12.74%. Equities research analysts anticipate that Kainos Group will post 48.0997625 EPS for the current fiscal year.

Kainos Group Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 21st were paid a dividend of GBX 9.30 ($0.12) per share. This represents a dividend yield of 1.17%. The ex-dividend date was Thursday, November 21st. Kainos Group’s dividend payout ratio (DPR) is presently 6,923.08%.

About Kainos Group

Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors.