Peel Hunt Reiterates “Buy” Rating for Kin and Carta (KCT)

Peel Hunt restated their buy rating on shares of Kin and Carta (LON:KCT) in a research report released on Friday.

KCT opened at GBX 93.22 ($1.22) on Friday.

Kin and Carta (LON:KCT) last announced its quarterly earnings results on Tuesday, October 9th. The company reported GBX 10.10 ($0.13) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 9.80 ($0.13) by GBX 0.30 ($0.00).

The business also recently declared a dividend, which will be paid on Monday, December 17th. Stockholders of record on Thursday, November 22nd will be issued a GBX 1.30 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, November 22nd. This represents a dividend yield of 1.34%.

In related news, insider Mike Butterworth purchased 51,642 shares of the business’s stock in a transaction dated Friday, November 2nd. The shares were acquired at an average cost of GBX 95 ($1.24) per share, for a total transaction of £49,059.90 ($64,105.45). Also, insider Helen Stevenson purchased 15,166 shares of the business’s stock in a transaction dated Friday, October 19th. The stock was bought at an average price of GBX 99 ($1.29) per share, for a total transaction of £15,014.34 ($19,618.89).

Kin and Carta Company Profile

Kin and Carta plc provides marketing solutions worldwide. It operates in three segments: Strategic Marketing, Marketing Activation, and Books. The company offers data solutions, including insight and understanding, campaign planning and execution, marketing consultancy, platform implementation and integration, software consultancy, data and insight, campaign management, customer acquisition, media sales, and experience marketing solutions; It also provides consulting solutions comprising retail strategy, investor services, operational strategy and planning, and airports and commercial spaces for retail and consumer markets, as well as shopping center development and asset management services; consumer and market research consultancy, such as branding and communications, innovation, segmentation, behavior change, pricing, and qualitative services; and healthcare strategic consulting and communications services.

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