Knights Group (LON:KGH) Posts Earnings Results

Knights Group (LON:KGH) announced its earnings results on Monday. The company reported GBX 28.14 earnings per share (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 Price Performance

Shares of Knights Group stock traded up GBX 8.50 during trading hours on Monday, hitting GBX 196.50. The company’s stock had a trading volume of 227,208 shares, compared to its average volume of 214,870. The company has a market cap of £168.93 million, a PE ratio of 155.95 and a beta of 1.47. The company has a debt-to-equity ratio of 136.39, a quick ratio of 2.10 and a current ratio of 2.53. The business has a 50 day moving average price of GBX 179.18 and a two-hundred day moving average price of GBX 175.87. Knights Group has a 12-month low of GBX 144.85 and a 12-month high of GBX 213.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on KGH. Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 220 price target on shares of Knights Group in a report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft restated 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 reiterated a “buy” rating and issued a GBX 355 price target on shares of Knights Group in a research note on Monday, June 29th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 261.67.

About Knights Group

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.