Kier Group (LON:KIE) Releases Quarterly Earnings Results

Key Points

• Kier Group reported a quarterly earnings per share (EPS) of GBX 21.60, with a net margin of 1.09% and a return on equity of 8.23%.
• The company's stock opened at GBX 202.50, with a significant debt-to-equity ratio of 302.83 and a market capitalization of £880.74 million.
• Berenberg Bank raised its price target for Kier Group shares from GBX 210 to GBX 225, maintaining a "buy" rating, reflecting positive analyst sentiment.

Kier Group (LON:KIE - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported GBX 21.60 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kier Group had a net margin of 1.09% and a return on equity of 8.23%.

Kier Group Stock Performance

Kier Group stock opened at GBX 202.50 on Tuesday. The company has a quick ratio of 0.69, a current ratio of 0.88 and a debt-to-equity ratio of 302.83. The company has a market capitalization of £880.74 million, a PE ratio of 2,131.58, a P/E/G ratio of 0.29 and a beta of 1.14. The firm has a fifty day simple moving average of GBX 198.97 and a two-hundred day simple moving average of GBX 169.11. Kier Group has a twelve month low of GBX 107.20 and a twelve month high of GBX 250.

Analyst Ratings Changes

Separately, Berenberg Bank raised their price target on shares of Kier Group from GBX 210 to GBX 225 and gave the stock a "buy" rating in a research note on Monday, September 8th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of GBX 225.

Kier Group Company Profile

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.

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