Kier Group (LON:KIE) Announces Quarterly Earnings Results

Kier Group (LON:KIE) issued its quarterly earnings data 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 Trading Down 0.3 %

Kier Group stock traded down GBX 0.40 ($0.01) during trading on Thursday, reaching GBX 122.40 ($1.59). The company had a trading volume of 10,895,587 shares, compared to its average volume of 3,775,619. The stock’s 50 day moving average price is GBX 145.39 and its two-hundred day moving average price is GBX 145.72. 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 company has a debt-to-equity ratio of 302.83, a quick ratio of 0.69 and a current ratio of 0.88. The firm has a market capitalization of £526.88 million, a price-to-earnings ratio of 12.32, a PEG ratio of 0.29 and a beta of 1.14.

Insiders Place Their Bets

In other Kier Group news, insider Matthew Lester acquired 16,310 shares of the firm’s stock in a transaction on Tuesday, March 11th. The stock was bought at an average cost of GBX 123 ($1.60) per share, for a total transaction of £20,061.30 ($26,016.47). 6.07% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

About Kier Group

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.