Kier Group (LON:KIE) Issues Quarterly Earnings Results

Kier Group (LON:KIE) announced its quarterly 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 net margin of 1.09% and a return on equity of 8.23%.

Kier Group Trading Up 0.5 %

Shares of KIE stock opened at GBX 122.80 ($1.59) on Wednesday. Kier Group has a 12-month low of GBX 118.80 ($1.54) and a 12-month high of GBX 163.27 ($2.11). The company has a market capitalization of £528.60 million, a P/E ratio of 12.36, a P/E/G ratio of 0.29 and a beta of 1.14. The firm has a 50-day moving average price of GBX 145.90 and a 200 day moving average price of GBX 145.93. The company has a quick ratio of 0.69, a current ratio of 0.88 and a debt-to-equity ratio of 302.83.

Insider Activity at Kier Group

In related news, insider Matthew Lester acquired 16,310 shares of the stock in a transaction on Tuesday, March 11th. The stock was purchased at an average price of GBX 123 ($1.59) per share, for a total transaction of £20,061.30 ($25,972.68). 6.07% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

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.