Kainos Group (LON:KNOS) Releases Quarterly Earnings Results

Kainos Group (LON:KNOS) issued its quarterly earnings results on Monday. The company reported GBX 41.60 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kainos Group had a return on equity of 25.32% and a net margin of 8.08%.The company had revenue of £431.10 million for the quarter.

Kainos Group Stock Performance

Shares of Kainos Group stock opened at GBX 809 on Monday. The company has a market cap of £939.37 million, a PE ratio of 32.62, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79. Kainos Group has a 52 week low of GBX 680.50 and a 52 week high of GBX 1,190. The business has a 50 day moving average price of GBX 787.06 and a 200-day moving average price of GBX 884.05. The company has a quick ratio of 1.59, a current ratio of 1.23 and a debt-to-equity ratio of 5.05.

Wall Street Analyst Weigh In

KNOS has been the topic of a number of research reports. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,150 price objective on shares of Kainos Group in a research report on Wednesday, March 4th. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 1,282 price target on shares of Kainos Group in a research report on Tuesday, April 21st. Berenberg Bank reissued a “buy” rating and issued a GBX 1,185 price objective on shares of Kainos Group in a research note on Tuesday, April 21st. Finally, Shore Capital Group reissued a “buy” rating on shares of Kainos Group in a research note on Monday, April 20th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 1,163.40.

About Kainos Group

Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors. The Workday Services segment provides consulting, project management, integration, and post deployment services for Workday’s software suite, which includes cloud-based software for human capital management, and financial management, and adaptive planning.