Kainos Group (LON:KNOS) Announces Quarterly Earnings Results

Kainos Group (LON:KNOS) announced its quarterly earnings data on Monday. The company reported GBX 41.60 earnings per share for the quarter, Digital Look Earnings reports. Kainos Group had a return on equity of 25.32% and a net margin of 8.08%.The business had revenue of £431.10 million during the quarter.

Kainos Group Stock Down 0.9%

LON KNOS opened at GBX 809 on Monday. The company has a debt-to-equity ratio of 5.05, a current ratio of 1.23 and a quick ratio of 1.59. The stock has a market capitalization of £939.37 million, a PE ratio of 32.62, a PEG ratio of 2.15 and a beta of 0.79. Kainos Group has a 1 year low of GBX 680.50 and a 1 year high of GBX 1,190. The business’s 50-day moving average is GBX 787.06 and its 200 day moving average is GBX 884.05.

Analysts Set New Price Targets

KNOS has been the subject of a number of analyst reports. Stifel Nicolaus reaffirmed a “buy” rating and issued a GBX 1,282 price target on shares of Kainos Group in a report on Tuesday, April 21st. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,185 price objective on shares of Kainos Group in a research report on Tuesday, April 21st. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,150 price target on shares of Kainos Group in a research report on Wednesday, March 4th. Finally, Shore Capital Group restated a “buy” rating on shares of Kainos Group in a research report on Monday, April 20th. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 1,163.40.

About Kainos Group

Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors. The Workday Services segment provides consulting, project management, integration, and post deployment services for Workday’s software suite, which includes cloud-based software for human capital management, and financial management, and adaptive planning.