Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKeller Share News (KLR)

Share Price Information for Keller (KLR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,208.00
Bid: 1,202.00
Ask: 1,212.00
Change: -10.00 (-0.82%)
Spread: 10.00 (0.832%)
Open: 1,242.00
High: 1,242.00
Low: 1,190.00
Prev. Close: 1,218.00
KLR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sunday share tips: Buying opportunities at Keller and Seeing Machines

Sun, 03rd Sep 2023 14:27

(Sharecast News) - This year's share-price weakness of engineering group Keller represents a good buying opportunity, according to The Sunday Times's Lucy Tobin.

The stock, which has lost a quarter of its value over the past five years, including a 10% fall this year alone, currently trades at 762p.

"The price-to-earnings ratio for 2024 is just 6.5, against 8.1 last year. This seems at odds with macro conditions and Keller's own performance," Tobin said.

Keller reported last month in its interim results that it expects full-year profits to be "materially ahead" of 2022 after a record first half.

Tobin, citing comments from broker Liberum, pointed out that Keller holds an 8% market share in its target industry, and The ended the first half with a £1.5bn order book, with more substantial contracts expected in the coming months.

"Keller's underground work is ready for time in the sun: buy."

The share price of Seeing Machines should increase "materially" over the next two to three years, according to the Mail on Sunday's Midas column.

The transport safety software group, whose optical sensing tech is used for things like monitoring basic driver attention to semi and autonomous driving, provides its tool for both commercial and consumer automotive fleets, as well as through its nascent Aviation division.

"The service has been proven to work, it has been snapped up across the world and further progress is expected, amid a global step-up in safety regulations," the paper said.

Midas pointed out that while Seeing Machines shares have jumped 26% to 5.85p since it recommended them in 2015, there is "plenty more mileage in the tank".

"According to global statistics, almost three-quarters of road accidents are caused by drowsiness and distraction. Seeing Machines helps to make driving safer, its technology is approved by regulators and carmakers across the world and [chief executive Paul] McGlone has a clear plan for growth," the paper said.

"Existing investors should hold. New investors could grab a few at current levels."

More News
11 Oct 2016 06:36

Keller Inks GBP60 Million Ground Improvement Contract In Egypt

Read more
23 Sep 2016 15:06

UK Dividends Calendar - Next 7 Days

Read more
25 Aug 2016 15:05

UK Dividends Calendar - Next 7 Days

Read more
9 Aug 2016 10:46

Keller wins £50m Abu Dhabi contract

(ShareCast News) - Ground engineering company Keller and a partner have won a £50m construction contract in Abu Dhabi. The contract comprises ground improvement works and will be conducted in a 50-50 consortium, and work is expected to start immediately will be completed by the third quarter of 2

Read more
1 Aug 2016 11:03

LONDON MARKET MIDDAY: Oil Weighs On Stocks As Pound Crushed By UK PMI

Read more
1 Aug 2016 08:40

Keller Group earnings down as Asian market remains depressed

(ShareCast News) - Geotechnical contractor Keller Group posted its results for the six months to 30 June on Monday, with record first half revenue of £850m, up 12%, but guided markets towards the lower end of the Board´s range of expectations. The FTSE 250 firm had an operating profit before excepti

Read more
25 Jul 2016 15:11

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
3 Jun 2016 15:04

UK Dividends Calendar - Next 7 Days

Read more
25 May 2016 21:00

Financials, big oil, miners pace gains in London

(ShareCast News) - Financials and big oil continued to power ahead at the middle of the week as the threat from two of the market´s most recent bugbears appeared to receed a little. On Wednesday, Athens managed to clinch a deal to relieve the government´s lack of financial liquidity, while in the UK

Read more
25 May 2016 15:20

Director dealings: Coca-Cola private equity backers can shares

(ShareCast News) - Coca-Cola HBC directors Anastasios and Christo Leventis, major shareholders connected with the New Argen private equity group, confirmed they had sold £15.4m worth of shares. Christo sold 735,968 at a price of 1,315p apiece, reaping £9.68m, while fellow non-executive Anastasios of

Read more
25 May 2016 10:28

DIRECTOR DEALINGS: Keller Group Non-Executive Buys 10,000 Shares

Read more
24 May 2016 10:19

EXTRA: Keller On Track For 2016 But Interim Loss Seen In Asia Pacific

Read more
24 May 2016 08:55

Revenue, earnings slightly ahead at Keller Group

(ShareCast News) - As investors gathered for Keller Group's annual general meeting on Tuesday morning, the ground engineering specialist revealed its numbers were ahead of last year in year-to-date trading. The FTSE 250 firm said there have been no significant changes in market trends since it repor

Read more
24 May 2016 07:02

Keller Trading In Line In First Four Months, Order Book Stronger

Read more
17 May 2016 15:11

AGM, EGM Calendar - Week Ahead

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.