Knights Group (LON:KGH) Issues Quarterly Earnings Results

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

Knights Group Price Performance

Shares of LON:KGH traded down GBX 2 during trading on Wednesday, hitting GBX 189.50. 59,213 shares of the company were exchanged, compared to its average volume of 212,427. The company has a quick ratio of 2.10, a current ratio of 2.26 and a debt-to-equity ratio of 116.67. Knights Group has a 1-year low of GBX 144.85 and a 1-year high of GBX 213. The company has a market capitalization of £162.91 million, a P/E ratio of 150.40 and a beta of 1.47. The business’s 50 day moving average is GBX 180.33 and its 200-day moving average is GBX 176.36.

Wall Street Analysts Forecast Growth

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

About Knights Group

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.