Knights Group (LON:KGH) Issues Earnings Results

Knights Group (LON:KGH) issued its earnings results on Monday. The company reported GBX 28.14 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Knights Group had a return on equity of 1.15% and a net margin of 0.65%.

Knights Group Stock Performance

Knights Group stock traded up GBX 8.04 during mid-day trading on Monday, hitting GBX 196.04. 159,397 shares of the company’s stock traded hands, compared to its average volume of 214,340. Knights Group has a fifty-two week low of GBX 144.85 and a fifty-two week high of GBX 213. The stock has a market cap of £168.53 million, a price-to-earnings ratio of 155.59 and a beta of 1.47. The firm has a 50 day simple moving average of GBX 179.18 and a two-hundred day simple moving average of GBX 175.87. The company has a debt-to-equity ratio of 136.39, a current ratio of 2.53 and a quick ratio of 2.10.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Stifel Nicolaus reiterated a “buy” rating and set a GBX 220 target price on shares of Knights Group in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft restated 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 objective on shares of Knights Group in a research report on Monday, June 29th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Knights Group presently has an average rating of “Buy” and a consensus 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.