Kainos Group (LON:KNOS) Earns Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Kainos Group (LON:KNOS - Free Report) in a research note released on Tuesday, MarketBeat.com reports. They currently have a GBX 1,000 ($13.49) price objective on the stock.

Other analysts have also issued research reports about the stock. Berenberg Bank restated a "buy" rating and set a GBX 1,025 ($13.83) price target on shares of Kainos Group in a research note on Monday, April 14th. Shore Capital reiterated a "buy" rating on shares of Kainos Group in a research note on Monday, May 19th.

Kainos Group Stock Down 1.0%

KNOS stock traded down GBX 7.50 ($0.10) during midday trading on Tuesday, reaching GBX 712.50 ($9.61). 482,583 shares of the company's stock traded hands, compared to its average volume of 393,860. The company has a market cap of £899.96 million, a price-to-earnings ratio of 18.67, a P/E/G ratio of 2.15 and a beta of 0.79. The firm's fifty day moving average price is GBX 745.88 and its 200-day moving average price is GBX 738.84. The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. Kainos Group has a 52 week low of GBX 580 ($7.82) and a 52 week high of GBX 1,142 ($15.41).

Kainos Group (LON:KNOS - Get Free Report) last announced its quarterly earnings results on Monday, May 19th. The company reported GBX 38.60 ($0.52) EPS for the quarter. Kainos Group had a net margin of 12.74% and a return on equity of 33.12%. As a group, sell-side analysts forecast that Kainos Group will post 48.0997625 earnings per share for the current fiscal year.

About Kainos Group

Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors.