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Pin to quick picksKeller Share News (KLR)

Share Price Information for Keller (KLR)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 1,376.00
Bid: 1,362.00
Ask: 1,366.00
Change: 240.00 (21.13%)
Spread: 4.00 (0.294%)
Open: 1,248.00
High: 1,376.00
Low: 1,210.00
Prev. Close: 1,136.00
KLR Live PriceLast checked at -

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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."

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17 Jan 2024 09:22

Keller annual profit set to beat market expectations

(Alliance News) - Keller Group PLC on Wednesday said its 2023 profit is "significantly" ahead of market expectations, following strong fourth quarter trading.

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17 Jan 2024 09:16

Keller sees FY underlying operating profit ahead of market views

(Sharecast News) - Geotechnical engineering firm Keller said on Wednesday that 2023 underlying operating profit was set to be "significantly ahead" of market expectations of £150m after a particularly strong end to the year.

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17 Jan 2024 08:48

LONDON MARKET OPEN: UK inflation surprises markets sending stocks down

(Alliance News) - Stock prices in London took a hit on Wednesday morning, after some hotter-than-expected UK inflation data added to interest rate worries.

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(Alliance News) - Stocks in London are called to open lower on Wednesday, following some hotter-than-expected consumer price data from the UK.

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23 Oct 2023 19:21

London close: Stocks mixed at start of busy week

(Sharecast News) - London's stock markets finished with a varied performance on Monday, driven by concerns over rising UK bond yields and global interest rate trends.

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LONDON MARKET CLOSE: Stocks largely down on Middle East hostilities

(Alliance News) - Stock prices in London closed largely lower on Monday, as investors were unable to shake off concerns surrounding the conflict in the Middle East, while developments in the US bond market added to the drama.

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23 Oct 2023 12:04

LONDON MARKET MIDDAY: Stocks fall as Middle East conflict continues

(Alliance News) - Stock prices in London continued to fall midday Monday, as investors were unable to shake off concerns surrounding the conflict in the Middle East, while developments in the US bond market added to the drama.

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23 Oct 2023 08:53

LONDON MARKET OPEN: Keller jumps; Mission sinks on profit warning

(Alliance News) - Stock prices in London opened lower on Monday, while oil and gold prices fell, as tensions in the Middle East continue to shake markets.

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23 Oct 2023 08:12

TOP NEWS: Keller expects 2023 profit beat despite Europe "challenge"

(Alliance News) - Keller Group PLC on Monday predicted its annual profit will top market expectations, despite tricky trading conditions in Europe.

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23 Oct 2023 07:46

LONDON BRIEFING: Keller expects higher profit; Upland rejects approach

(Alliance News) - Stocks in London are set to open slightly higher on Monday, as risk sentiment improves after a difficult period for markets last week.

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23 Oct 2023 07:02

Keller set for record year as trading exceeds expectations

(Sharecast News) - Specialist geotechnical contractor Keller Group said in an update on Monday that it anticipated full-year underlying operating profit to significantly exceed current market expectations.

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