Keller Group (LON:KLR) Posts Earnings Results

Key Points

• Keller Group reported quarterly earnings of GBX 99.70 ($1.33) per share, showcasing a net margin of 4.20% and a return on equity of 23.55%.
• Shares of Keller Group traded up 5.5%, reaching GBX 1,390 ($18.47) during mid-day trading on Tuesday, on a volume of 273,850 shares.
• Analysts' ratings for Keller Group varied, with Berenberg Bank maintaining a "buy" rating at a price target of GBX 1,900 ($25.25), while Deutsche Bank downgraded their rating to "hold" with a revised target of GBX 1,660 ($22.06).

Keller Group (LON:KLR - Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX 99.70 ($1.34) EPS for the quarter, Digital Look Earnings reports. Keller Group had a return on equity of 23.55% and a net margin of 4.20%.

Keller Group Trading Down 0.3%

Shares of LON:KLR traded down GBX 4 ($0.05) during midday trading on Thursday, hitting GBX 1,348 ($18.13). 91,305 shares of the stock traded hands, compared to its average volume of 307,971. The company has a quick ratio of 1.17, a current ratio of 1.36 and a debt-to-equity ratio of 71.61. The business's 50 day moving average is GBX 1,433.97 and its two-hundred day moving average is GBX 1,413.06. The stock has a market capitalization of £982.31 million, a PE ratio of 7.80, a P/E/G ratio of 2.86 and a beta of 1.34. Keller Group has a one year low of GBX 1,222 ($16.43) and a one year high of GBX 1,704 ($22.92).

Analyst Ratings Changes

KLR has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft cut Keller Group to a "hold" rating and dropped their target price for the company from GBX 1,800 ($24.21) to GBX 1,660 ($22.32) in a report on Thursday, July 3rd. Berenberg Bank reissued a "buy" rating and set a GBX 1,900 ($25.55) price objective on shares of Keller Group in a research note on Tuesday.

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.