Key Points
- Insider purchase: Director Tom Hinton bought 70 shares on April 17 at GBX 213 each, a total value of £149.10.
- Kier's stock and balance-sheet snapshot: market cap ~£939.1m, P/E 16.38, debt-to-equity 230.22, 52-week range GBX 130–253.50 and recent price around GBX 214.60.
- Corporate actions and analyst view: the Board approved a stock repurchase program for open-market purchases (report lists "0" shares authorized), while analysts rate the stock a consensus "Buy" with an average target of GBX 253.33 (Berenberg target GBX 260).
Kier Group plc (LON:KIE - Get Free Report) insider Tom Hinton purchased 70 shares of the business's stock in a transaction dated Friday, April 17th. The shares were purchased at an average price of GBX 213 per share, with a total value of £149.10.
Kier Group Stock Down 2.6%
KIE stock opened at GBX 214.60 on Tuesday. The company has a debt-to-equity ratio of 230.22, a quick ratio of 0.69 and a current ratio of 0.86. The company has a market capitalization of £939.13 million, a price-to-earnings ratio of 16.38, a PEG ratio of 0.29 and a beta of 0.90. Kier Group plc has a fifty-two week low of GBX 130 and a fifty-two week high of GBX 253.50. The stock has a fifty day moving average of GBX 218.51 and a 200-day moving average of GBX 219.92.
Kier Group (LON:KIE - Get Free Report) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 9.50 earnings per share for the quarter. Kier Group had a return on equity of 11.69% and a net margin of 1.47%. As a group, equities research analysts predict that Kier Group plc will post 20.4913295 earnings per share for the current year.
Kier Group declared that its Board of Directors has approved a stock repurchase program on Tuesday, March 3rd that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank restated a "buy" rating and issued a GBX 260 target price on shares of Kier Group in a research note on Wednesday, April 15th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Kier Group presently has an average rating of "Buy" and an average target price of GBX 253.33.
Read Our Latest Report on KIE
Kier Group Company Profile
(
Get Free Report)
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. Infrastructure Services comprises our Transportation and Natural Resources, Nuclear and Networks business. Transportation: builds and maintains roads for National Highways and a number of district and county councils as well as our rail, airports' infrastructure and ports' businesses.
Natural Resources, Nuclear and Networks: delivers long-term contracts providing repairs, maintains and support capital projects to the water, energy, and telecommunications sectors.
Construction — comprises of our Regional Building, Strategic Projects, Kier Places (Housing Maintenance and Facilities Management), and International businesses.
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