Knights Group (LON:KGH) Releases Quarterly Earnings Results

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

Knights Group Stock Performance

Shares of Knights Group stock opened at GBX 196.04 on Monday. The business has a 50-day simple moving average of GBX 179.18 and a 200 day simple moving average of GBX 175.87. Knights Group has a one year low of GBX 144.85 and a one year high of GBX 213. The company has a debt-to-equity ratio of 136.39, a current ratio of 2.53 and a quick ratio of 2.10. The firm has a market capitalization of £168.53 million, a price-to-earnings ratio of 155.59 and a beta of 1.47.

Analysts Set New Price Targets

KGH has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 210 price objective on shares of Knights Group in a research report on Thursday, May 21st. Canaccord Genuity Group reissued a “buy” rating and set a GBX 355 target price on shares of Knights Group in a research report on Monday, June 29th. Finally, Stifel Nicolaus restated a “buy” rating and set a GBX 220 price target on shares of Knights Group in a report on Wednesday, May 20th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price 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.