Kingfisher (KGFHY) to Release Quarterly Earnings on Tuesday

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

Kingfisher Stock Performance

Shares of OTCMKTS KGFHY opened at $7.72 on Monday. The firm’s 50-day moving average price is $9.09 and its 200-day moving average price is $8.35. Kingfisher has a 1-year low of $6.05 and a 1-year high of $10.17. The company has a current ratio of 1.28, a quick ratio of 0.33 and a debt-to-equity ratio of 0.02.

Analyst Upgrades and Downgrades

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

Kingfisher Company Profile

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.