Kainos Group (KNOS)

Sector:

IT Services

Index:

FTSE 250

695.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 1,106.00p
  • 52 Week Low: 592.50p
  • Currency: UK Pounds
  • Shares Issued: 120.41m
  • Volume: 487,635
  • Market Cap: £836.88m

Berenberg reinitiates coverage of Kainos at 'buy', shares jump

By Michele Maatouk

Date: Tuesday 30 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Software company Kainos jumped on Tuesday as Berenberg re-initiated coverage of the shares with a 'buy' rating and 1,315p price target, citing an attractive entry point.
The bank said Kainos is a high-quality business that has demonstrated unusually strong revenue growth and consistently high cash returns on capital over an extended period.

"The company has developed a reputation for strong execution, driving high levels of customer satisfaction and best-in-class revenue retention," it said.

"The business is currently undergoing a cyclical slowdown in growth, and trades below its pre-Covid-19 average P/E multiple.

"In the context of a long runway for mid-teens revenue growth, margin accretion potential and, in our view, the likelihood that growth rates are close to troughing, a 4.6% free cash flow yield looks an attractive entry point."

At 1320 GMT, the shares were up 4% at 1,135p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Kainos Group Market Data

Currency UK Pounds
Share Price 695.00p
Change Today 0.50p
% Change 0.07 %
52 Week High 1,106.00p
52 Week Low 592.50p
Volume 487,635
Shares Issued 120.41m
Market Cap £836.88m

Kainos Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
19.57% below the market average19.57% below the market average19.57% below the market average19.57% below the market average19.57% below the market average
32.47% above the sector average32.47% above the sector average32.47% above the sector average32.47% above the sector average32.47% above the sector average
Price Trend
60.41% below the market average60.41% below the market average60.41% below the market average60.41% below the market average60.41% below the market average
23.46% below the sector average23.46% below the sector average23.46% below the sector average23.46% below the sector average23.46% below the sector average
Income
17.32% above the market average17.32% above the market average17.32% above the market average17.32% above the market average17.32% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Growth
73.38% below the market average73.38% below the market average73.38% below the market average73.38% below the market average73.38% below the market average
97.33% below the sector average97.33% below the sector average97.33% below the sector average97.33% below the sector average97.33% below the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 2
Sell 1
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Kainos Group Dividends

  Latest Previous
  Final Interim
Ex-Div 02-Oct-25 21-Nov-24
Paid 24-Oct-25 13-Dec-24
Amount 19.10p 9.30p

Trades for 28-Aug-2025

Time Volume / Share Price
17:06 1,500 @ 695.00p
16:35 1 @ 695.00p
16:35 3 @ 695.00p
16:35 1,887 @ 695.00p
16:35 682 @ 695.00p

Kainos Group Key Personnel

CEO Brendan Mooney
CFO Richard McCann
Chair Rosaleen Blair

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