Kier Group (LON:KIE) Releases Quarterly Earnings Results

Kier Group (LON:KIE) posted 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 Down 0.3 %

LON KIE traded down GBX 0.40 ($0.01) during trading on Thursday, reaching GBX 122.40 ($1.59). The company’s stock had a trading volume of 10,895,587 shares, compared to its average volume of 3,775,619. The business has a 50-day moving average price of GBX 145.39 and a 200-day moving average price of GBX 145.72. Kier Group has a 1-year low of GBX 118.80 ($1.54) and a 1-year high of GBX 163.27 ($2.12). The stock has a market capitalization of £526.88 million, a PE ratio of 12.32, a PEG ratio of 0.29 and a beta of 1.14. The company has a current ratio of 0.88, a quick ratio of 0.69 and a debt-to-equity ratio of 302.83.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Kier Group

In other Kier Group news, insider Matthew Lester bought 16,310 shares of the stock in a transaction on Tuesday, March 11th. The shares were purchased at an average price of GBX 123 ($1.60) per share, with a total value of £20,061.30 ($26,016.47). 6.07% of the stock is currently owned by company insiders.

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.