Kingfisher (KGFHY) Projected to Post Quarterly Earnings on Tuesday

Kingfisher (OTCMKTS:KGFHY) is anticipated to issue its results before the market opens on Tuesday, March 24th. Analysts expect the company to announce earnings of $0.2222 per share and revenue of $8.1068 billion for the quarter.

Kingfisher Stock Performance

OTCMKTS KGFHY opened at $8.39 on Tuesday. The company has a quick ratio of 0.33, a current ratio of 1.28 and a debt-to-equity ratio of 0.02. The firm’s 50-day moving average is $9.14 and its two-hundred day moving average is $8.31. Kingfisher has a 12 month low of $6.05 and a 12 month high of $10.17.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on KGFHY. Deutsche Bank Aktiengesellschaft cut shares of Kingfisher from a “hold” rating to a “sell” rating in a research report on Wednesday, December 10th. UBS Group reissued a “neutral” rating on shares of Kingfisher in a research report on Wednesday, December 10th. Finally, Barclays restated an “underweight” rating on shares of Kingfisher in a research note on Tuesday, December 9th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Kingfisher Company Profile

Kingfisher plc (OTCMKTS: KGFHY) is a leading international home improvement retailer headquartered in London, United Kingdom. The company operates a network of stores and digital platforms offering a comprehensive range of do-it-yourself (DIY) and home improvement products. Kingfisher’s business model focuses on delivering value to both retail customers and trade professionals through an integrated omni-channel approach.

The group’s retail banners include B&Q and Screwfix in the UK and Ireland, Castorama and Brico Dépôt in France and Poland, and Koçtaş in Turkey.