Key Points
- Insider buying: Kier Group director Tom Hinton purchased 49 shares at GBX 306 each, investing £149.94. He has also bought shares in August and September.
- Stock performance: KIE opened at GBX 302.60, with 50-day and 200-day moving averages of GBX 277.41 and GBX 236.49, respectively. The stock’s 12-month range is GBX 186.80 to GBX 319.40.
- Analyst outlook: Four analysts rate Kier Group a Buy, with Deutsche Bank and Berenberg recently raising their price targets to GBX 330 and GBX 370. The company reported quarterly EPS of GBX 23.50.
Kier Group plc (LON:KIE - Get Free Report) insider Tom Hinton bought 49 shares of the stock in a transaction on Friday, October 16th. The shares were bought at an average price of GBX 306 per share, for a total transaction of £149.94.
Tom Hinton also recently made the following trade(s):
- On Friday, September 18th, Tom Hinton bought 48 shares of Kier Group stock. The stock was bought at an average cost of GBX 309 per share, with a total value of £148.32.
- On Tuesday, August 18th, Tom Hinton bought 58 shares of Kier Group stock. The stock was bought at an average cost of GBX 259 per share, with a total value of £150.22.
Kier Group Price Performance
KIE stock opened at GBX 302.60 on Tuesday. The firm has a 50 day moving average of GBX 277.41 and a 200-day moving average of GBX 236.49. Kier Group plc has a 12-month low of GBX 186.80 and a 12-month high of GBX 319.40. The company has a current ratio of 0.90, a quick ratio of 0.69 and a debt-to-equity ratio of 360.81. The company has a market cap of £1.31 billion, a price-to-earnings ratio of 22.41, a PEG ratio of 0.29 and a beta of 0.89.
Kier Group (LON:KIE - Get Free Report) last announced its quarterly earnings results on Tuesday, September 15th. The company reported GBX 23.50 EPS for the quarter. Kier Group had a return on equity of 11.95% and a net margin of 1.42%. As a group, equities analysts expect that Kier Group plc will post 20.49 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on KIE shares. Deutsche Bank Aktiengesellschaft lifted their price objective on Kier Group from GBX 295 to GBX 330 and gave the stock a "buy" rating in a report on Tuesday, September 15th. Berenberg Bank upped their target price on Kier Group from GBX 300 to GBX 370 and gave the company a "buy" rating in a report on Wednesday, September 30th. Four equities research analysts have rated the stock with a Buy rating. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of GBX 300.
View Our Latest Analysis on Kier Group
About Kier Group
(
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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