Kainos Group (LON:KNOS) Releases Quarterly Earnings Results

Kainos Group (LON:KNOS - Get Free Report) posted its earnings results on Monday. The company reported GBX 38.60 ($0.52) earnings per share for the quarter, Digital Look Earnings reports. Kainos Group had a net margin of 12.74% and a return on equity of 33.12%.

Kainos Group Stock Performance

LON:KNOS traded down GBX 16 ($0.22) during trading hours on Friday, reaching GBX 723 ($9.79). 214,319 shares of the stock were exchanged, compared to its average volume of 373,598. The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The firm has a 50 day simple moving average of GBX 711.97 and a 200-day simple moving average of GBX 757.64. Kainos Group has a 52 week low of GBX 580 ($7.85) and a 52 week high of GBX 1,241.07 ($16.80). The stock has a market capitalization of £913.23 million, a P/E ratio of 18.95, a P/E/G ratio of 2.15 and a beta of 0.79.

Wall Street Analysts Forecast Growth

KNOS has been the topic of a number of recent analyst reports. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 1,025 ($13.88) price objective on shares of Kainos Group in a report on Monday, May 19th. Berenberg Bank restated a "buy" rating and issued a GBX 1,025 ($13.88) target price on shares of Kainos Group in a research note on Monday, April 14th. Finally, Shore Capital reiterated a "buy" rating on shares of Kainos Group in a research note on Monday, May 19th.

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.