Tom Hinton Acquires 77 Shares of Kier Group (LON:KIE) Stock

Kier Group plc (LON:KIE) insider Tom Hinton acquired 77 shares of the company’s stock in a transaction on Monday, May 18th. The stock was acquired at an average price of GBX 196 per share, for a total transaction of £150.92.

Tom Hinton also recently made the following trade(s):

• On Friday, April 17th, Tom Hinton acquired 70 shares of Kier Group stock. The stock was acquired at an average price of GBX 213 per share, for a total transaction of £149.10.

Kier Group Stock Performance

Shares of LON KIE traded down GBX 5 during trading hours on Tuesday, reaching GBX 196.20. 1,093,003 shares of the stock were exchanged, compared to its average volume of 4,833,992. The firm has a market capitalization of £856.84 million, a price-to-earnings ratio of 14.98, a P/E/G ratio of 0.29 and a beta of 0.91. The company has a debt-to-equity ratio of 230.22, a quick ratio of 0.69 and a current ratio of 0.86. Kier Group plc has a 52 week low of GBX 160.60 and a 52 week high of GBX 253.50. The stock’s fifty day simple moving average is GBX 206.67 and its 200 day simple moving average is GBX 217.41.

Kier Group (LON:KIE) last announced its earnings results on Tuesday, March 3rd. The company reported GBX 9.50 earnings per share for the quarter. Kier Group had a return on equity of 11.69% and a net margin of 1.47%. Sell-side analysts predict that Kier Group plc will post 20.4913295 EPS for the current year.

Kier Group declared that its Board of Directors has authorized a share buyback program on Tuesday, March 3rd that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 260 target price on shares of Kier Group in a research note on Wednesday, April 15th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 253.33.

Kier Group Company Profile

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. Infrastructure Services comprises our Transportation and Natural Resources, Nuclear and Networks business. Transportation: builds and maintains roads for National Highways and a number of district and county councils as well as our rail, airports’ infrastructure and ports’ businesses.

Natural Resources, Nuclear and Networks: delivers long-term contracts providing repairs, maintains and support capital projects to the water, energy, and telecommunications sectors.

Construction — comprises of our Regional Building, Strategic Projects, Kier Places (Housing Maintenance and Facilities Management), and International businesses.