Keller Group (LON:KLR) Posts Quarterly 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) issued its quarterly earnings data on Tuesday. The company reported GBX 99.70 ($1.34) earnings per share for the quarter, Digital Look Earnings reports. Keller Group had a net margin of 4.20% and a return on equity of 23.55%.

Keller Group Price Performance

LON KLR traded up GBX 4 ($0.05) during mid-day trading on Friday, hitting GBX 1,352 ($18.18). The stock had a trading volume of 102,945 shares, compared to its average volume of 306,631. The firm's 50 day moving average is GBX 1,430.25 and its 200 day moving average is GBX 1,412.87. Keller Group has a twelve month low of GBX 1,222 ($16.44) and a twelve month high of GBX 1,704 ($22.92). The company has a debt-to-equity ratio of 71.61, a current ratio of 1.36 and a quick ratio of 1.17. The stock has a market capitalization of £985.23 million, a price-to-earnings ratio of 7.82, a PEG ratio of 2.86 and a beta of 1.34.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft cut shares of Keller Group to a "hold" rating and reduced their price objective for the stock from GBX 1,800 ($24.21) to GBX 1,660 ($22.33) in a research note on Thursday, July 3rd. Berenberg Bank reiterated a "buy" rating and set a GBX 1,900 ($25.55) target price on shares of Keller Group in a research report on Tuesday.

Keller Group Company Profile

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.