Knights Group (LON:KGH) Announces Earnings Results

Knights Group (LON:KGH) released its quarterly earnings data on Monday. The company reported GBX 28.14 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Knights Group had a net margin of 2.28% and a return on equity of 4.58%.

Knights Group Stock Down 1.0%

Shares of LON KGH traded down GBX 2 during midday trading on Wednesday, reaching GBX 189.50. 269,762 shares of the company’s stock were exchanged, compared to its average volume of 214,046. The company has a debt-to-equity ratio of 116.67, a quick ratio of 2.10 and a current ratio of 2.26. Knights Group has a 52-week low of GBX 144.85 and a 52-week high of GBX 213. The business’s fifty day moving average price is GBX 180.33 and its two-hundred day moving average price is GBX 176.36. The stock has a market capitalization of £162.91 million, a PE ratio of 150.40 and a beta of 1.47.

Analyst Ratings Changes

Several research firms have commented on KGH. Stifel Nicolaus reissued a “buy” rating and issued a GBX 220 price objective on shares of Knights Group in a research report on Wednesday, May 20th. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 355 target price on shares of Knights Group in a research note on Monday, June 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 210 target price on shares of Knights Group in a report on Thursday, May 21st. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 261.67.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services in the areas of agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates.