Kainos Group (LON:KNOS) Releases Quarterly Earnings Results

Kainos Group (LON:KNOS) issued its earnings results on Monday. The company reported GBX 19.30 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kainos Group had a return on equity of 33.12% and a net margin of 12.74%.

Kainos Group Trading Up 1.0%

Shares of Kainos Group stock opened at GBX 936 on Monday. The company has a debt-to-equity ratio of 3.76, a quick ratio of 1.59 and a current ratio of 1.81. Kainos Group has a 52 week low of GBX 580 and a 52 week high of GBX 1,001. The stock has a 50 day moving average price of GBX 919.97 and a two-hundred day moving average price of GBX 797.89. The stock has a market capitalization of £1.11 billion, a PE ratio of 33.19, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 1,025 price objective on shares of Kainos Group in a research note on Monday, September 1st. Shore Capital restated a “buy” rating and set a GBX 1,110 price target on shares of Kainos Group in a report on Thursday, October 23rd. Finally, Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 1,000 price objective on shares of Kainos Group in a research note on Monday, September 1st. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Kainos Group presently has an average rating of “Buy” and an average target price of GBX 1,045.

Kainos Group Company Profile

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.