Keller Group (LON:KLR) Reaches New 1-Year High – Should You Buy?

Keller Group plc (LON:KLR) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 2,334 and last traded at GBX 2,328, with a volume of 64510 shares changing hands. The stock had previously closed at GBX 2,256.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on KLR shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Keller Group from GBX 1,660 to GBX 2,200 and gave the company a “hold” rating in a research report on Thursday, March 5th. Royal Bank Of Canada boosted their price target on shares of Keller Group from GBX 2,050 to GBX 2,270 and gave the company a “sector perform” rating in a research report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Keller Group has an average rating of “Moderate Buy” and an average target price of GBX 2,155.

Keller Group Price Performance

The company has a debt-to-equity ratio of 48.39, a quick ratio of 1.17 and a current ratio of 1.44. The company has a market capitalization of £1.62 billion, a PE ratio of 11.77, a P/E/G ratio of 2.86 and a beta of 0.99. The company’s 50-day simple moving average is GBX 2,095.28 and its 200-day simple moving average is GBX 1,819.48.

Keller Group (LON:KLR) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported GBX 215.20 earnings per share (EPS) for the quarter. Keller Group had a net margin of 4.62% and a return on equity of 23.46%. As a group, sell-side analysts anticipate that Keller Group plc will post 192.5925926 earnings per share for the current year.

Keller Group declared that its Board of Directors has initiated a stock buyback program on Monday, March 30th that allows the company to buyback 0 outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.

Insider Transactions at Keller Group

In other Keller Group news, insider David Burke sold 44,212 shares of the firm’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of GBX 2,023, for a total transaction of £894,408.76. Insiders own 3.18% of the company’s stock.

About Keller Group

Keller Group plc provides specialist geotechnical services in North America, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers ground improvement services, grouting, deep foundations, earth retention, marine, and instrumentation and monitoring services, as well as post-tension systems and industrial services. It also provides solutions, such as bearing capacity improvement, low carbon construction, containment, excavation support, stabilisation, marine structures, seepage control, slope stabilization, and monitoring.