Kier Group (LON:KIE) Insider Purchases £149.94 in Stock

Key Points

• Insider buying: Kier Group insider Tom Hinton purchased 49 shares at GBX 306 each, worth £149.94, following two additional purchases in August and September.
• Stock performance: Kier shares traded at GBX 302.60, near their 1-year high of GBX 319.40, with a £1.31 billion market capitalization. The company reported quarterly EPS of GBX 23.50 and has relatively high leverage, with a debt-to-equity ratio of 360.81.
• Analyst outlook: Deutsche Bank and Berenberg raised their price targets and maintained “buy” ratings. Overall, four analysts rate the stock a Buy, although the consensus target price is GBX 300.

Kier Group plc (LON:KIE - Get Free Report) insider Tom Hinton acquired 49 shares of Kier Group stock in a transaction on Friday, October 16th. The shares were bought at an average cost of GBX 306 per share, with a total value of £149.94.

Tom Hinton also recently made the following trade(s):

• On Friday, September 18th, Tom Hinton bought 48 shares of Kier Group stock. The stock was bought at an average price of GBX 309 per share, for a total transaction of £148.32.
• On Tuesday, August 18th, Tom Hinton purchased 58 shares of Kier Group stock. The shares were bought at an average price of GBX 259 per share, with a total value of £150.22.

Kier Group Stock Performance

Shares of LON KIE traded down GBX 1.40 during mid-day trading on Monday, hitting GBX 302.60. 569,014 shares of the company were exchanged, compared to its average volume of 3,460,028. The stock has a 50 day simple moving average of GBX 276.35 and a 200-day simple moving average of GBX 235.70. Kier Group plc has a 1-year low of GBX 186.80 and a 1-year high of GBX 319.40. The company has a quick ratio of 0.69, a current ratio of 0.90 and a debt-to-equity ratio of 360.81. The firm has a market cap of £1.31 billion, a price-to-earnings ratio of 22.41, a price-to-earnings-growth ratio of 0.29 and a beta of 0.89.

Kier Group (LON:KIE - Get Free Report) last announced its quarterly earnings data on Tuesday, September 15th. The company reported GBX 23.50 EPS for the quarter. Kier Group had a net margin of 1.42% and a return on equity of 11.95%. On average, sell-side analysts forecast that Kier Group plc will post 20.49 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

KIE has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft raised their price target on Kier Group from GBX 295 to GBX 330 and gave the company a "buy" rating in a report on Tuesday, September 15th. Berenberg Bank upped their price objective on Kier Group from GBX 300 to GBX 370 and gave the stock a "buy" rating in a report on Wednesday, September 30th. Four research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of GBX 300.

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. Infrastructure Services comprises our Transportation and Natural Resources, Nuclear and Networks business. Transportation: builds and maintains roads for National Highways and a number of district and county councils as well as our rail, airports' infrastructure and ports' businesses. Natural Resources, Nuclear and Networks: delivers long-term contracts providing repairs, maintains and support capital projects to the water, energy, and telecommunications sectors. Construction — comprises of our Regional Building, Strategic Projects, Kier Places (Housing Maintenance and Facilities Management), and International businesses.

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