Insider Buying: Kier Group plc (LON:KIE) Insider Acquires 16,310 Shares of Stock

Kier Group plc (LON:KIE) insider Matthew Lester acquired 16,310 shares of the company’s stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average cost of GBX 123 ($1.60) per share, with a total value of £20,061.30 ($26,016.47).

Kier Group Stock Performance

KIE opened at GBX 122.80 ($1.59) on Thursday. The company has a debt-to-equity ratio of 302.83, a quick ratio of 0.69 and a current ratio of 0.88. The stock has a market capitalization of £528.60 million, a price-to-earnings ratio of 12.36, a PEG ratio of 0.29 and a beta of 1.14. The company has a fifty day moving average of GBX 145.39 and a 200 day moving average of GBX 145.72. Kier Group plc has a fifty-two week low of GBX 118.80 ($1.54) and a fifty-two week high of GBX 163.27 ($2.12).

Kier Group (LON:KIE) last announced its quarterly earnings results on Tuesday, March 11th. The company reported GBX 8.70 ($0.11) EPS for the quarter. Kier Group had a return on equity of 8.23% and a net margin of 1.09%. As a group, sell-side analysts forecast that Kier Group plc will post 20.4913295 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 210 ($2.72) price target on shares of Kier Group in a research note on Thursday, January 23rd.

About Kier Group

Kier Group is a leading infrastructure services, construction and property group based in the UK.

Our purpose is to sustainably deliver infrastructure which is vital to the UK with a vision is to be the UK’s leading infrastructure services and construction company.

We operate through three segments; Infrastructure Services, Construction and Property.