|Bid||69.80 x 0|
|Ask||70.30 x 0|
|Day's range||69.40 - 72.55|
|52-week range||42.06 - 154.60|
|Beta (5Y monthly)||0.32|
|PE ratio (TTM)||N/A|
|Earnings date||17 Sep 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||28 Mar 2019|
|1y target est||725.45|
The Kier share price has been beaten up over the past few years, but I feel rising government spending could help the business going forward. The post The Kier share price is at a 24-year low! Here’s why I’d buy today appeared first on The Motley Fool UK.
Kier's share price is down 50% over the last 12 months and down around 95% over the last three years. Is the stock worth buying now or should it be avoided? The post Kier’s share price has tanked. Here’s my view on the stock now appeared first on The Motley Fool UK.
The group said adjusted pretax profit for the year ended June 30 was 16.9 million pounds, compared with 61.4 million pounds a year earlier, hurt by expenses related to restructuring and the pandemic. In the past year, Kier has been striving to lower its debt burden by suspending dividend for two years, cutting jobs, shutting offices and selling some units, in a bid to avoid collapse like peers Carillion and Interserve. Kier, which delayed the publication of its results by a few hours due to a technical issue, said its order book at June-end stood at 7.9 billion pounds, with revenues for the year down 15% at 3.48 billion pounds.