Knights Group (LON:KGH) Posts Earnings Results

Knights Group (LON:KGH) announced its earnings results on Monday. The company reported GBX 28.14 EPS 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 Trading Down 3.3%

KGH traded down GBX 6.50 during trading on Friday, hitting GBX 189.50. The company’s stock had a trading volume of 51,820 shares, compared to its average volume of 211,384. The firm has a market capitalization of £162.91 million, a P/E ratio of 150.40 and a beta of 1.47. Knights Group has a twelve month low of GBX 144.85 and a twelve month high of GBX 213. The stock’s fifty day moving average price is GBX 181.89 and its 200-day moving average price is GBX 176.75. The company has a quick ratio of 2.10, a current ratio of 2.26 and a debt-to-equity ratio of 116.67.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Stifel Nicolaus restated a “buy” rating and issued 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 research note on Thursday, May 21st. Finally, Canaccord Genuity Group restated a “buy” rating and issued a GBX 355 target price on shares of Knights Group in a report on Monday, June 29th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average 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.