Kier Group (LON:KIE) Insider Simon Kesterton Sells 350,000 Shares of Stock

Kier Group plc (LON:KIE) insider Simon Kesterton sold 350,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of GBX 204, for a total transaction of £714,000.

Kier Group Stock Performance

Shares of LON KIE opened at GBX 205 on Thursday. The company has a 50 day simple moving average of GBX 199.02 and a two-hundred day simple moving average of GBX 169.60. The stock has a market cap of £891.61 million, a price-to-earnings ratio of 2,157.89, a PEG ratio of 0.29 and a beta of 1.14. The company has a current ratio of 0.88, a quick ratio of 0.69 and a debt-to-equity ratio of 302.83. Kier Group plc has a 12 month low of GBX 107.20 and a 12 month high of GBX 250.

Kier Group (LON:KIE) last issued its earnings results on Tuesday, September 16th. The company reported GBX 21.60 earnings per share (EPS) for the quarter. Kier Group had a net margin of 1.09% and a return on equity of 8.23%. As a group, analysts predict that Kier Group plc will post 20.4913295 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank boosted their price objective on Kier Group from GBX 225 to GBX 240 and gave the company a “buy” rating in a report on Tuesday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 240.

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.