Kainos Group (LON:KNOS) Announces 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 net margin of 12.74% and a return on equity of 33.12%.

Kainos Group Stock Up 1.2%

LON:KNOS opened at GBX 937.62 on Monday. The company’s 50-day simple moving average is GBX 919.97 and its 200-day simple moving average is GBX 797.89. 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 fifty-two week low of GBX 580 and a fifty-two week high of GBX 1,001. The stock has a market capitalization of £1.11 billion, a P/E ratio of 33.25, a P/E/G ratio of 2.15 and a beta of 0.79.

Analysts Set New Price Targets

A number of brokerages have weighed in on KNOS. Shore Capital reaffirmed a “buy” rating and set a GBX 1,110 target price on shares of Kainos Group in a research report on Thursday, October 23rd. Berenberg Bank restated a “buy” rating and issued a GBX 1,025 price objective on shares of Kainos Group in a report on Monday, September 1st. Finally, Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 1,000 target price on shares of Kainos Group in a report on Monday, September 1st. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Kainos Group presently has a consensus rating of “Buy” and a consensus 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.