Kier Group (LON:KIE) Issues Quarterly Earnings Results

Kier Group (LON:KIE) issued its quarterly earnings results on Tuesday. The company reported GBX 8.70 ($0.11) 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 Price Performance

Shares of KIE traded down GBX 0.20 ($0.00) during mid-day trading on Thursday, hitting GBX 122.60 ($1.59). 10,123,802 shares of the company traded hands, compared to its average volume of 3,760,486. The stock has a market capitalization of £527.74 million, a price-to-earnings ratio of 12.34, 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. Kier Group has a one year low of GBX 118.80 ($1.54) and a one year high of GBX 163.27 ($2.12). The business has a 50-day moving average of GBX 145.39 and a 200 day moving average of GBX 145.72.

Insider Activity

In other Kier Group news, insider Matthew Lester acquired 16,310 shares of Kier Group stock in a transaction dated 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 company insiders.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 210 ($2.72) target price 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.