Kingfisher (KGFHY) Projected to Post Quarterly Earnings on Tuesday

Kingfisher (OTCMKTS:KGFHY) is projected to post its results before the market opens on Tuesday, March 24th. Analysts expect Kingfisher to post earnings of $0.2222 per share and revenue of $8.1068 billion for the quarter.

Kingfisher Price Performance

Shares of OTCMKTS:KGFHY opened at $7.72 on Friday. The business has a 50-day moving average price of $9.09 and a 200-day moving average price of $8.33. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.33 and a current ratio of 1.28. Kingfisher has a 52-week low of $6.05 and a 52-week high of $10.17.

Analysts Set New Price Targets

Several brokerages have recently weighed in on KGFHY. Barclays reaffirmed an “underweight” rating on shares of Kingfisher in a research report on Tuesday, December 9th. UBS Group restated a “neutral” rating on shares of Kingfisher in a report on Wednesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Kingfisher from a “hold” rating to a “sell” rating in a research note on Wednesday, December 10th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Kingfisher has an average rating of “Reduce”.

About Kingfisher

Kingfisher plc (OTCMKTS: KGFHY) is a leading international home improvement retailer headquartered in London, United Kingdom. The company operates a network of stores and digital platforms offering a comprehensive range of do-it-yourself (DIY) and home improvement products. Kingfisher’s business model focuses on delivering value to both retail customers and trade professionals through an integrated omni-channel approach.

The group’s retail banners include B&Q and Screwfix in the UK and Ireland, Castorama and Brico Dépôt in France and Poland, and Koçtaş in Turkey.