Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Receives Consensus Rating of “Hold” from Brokerages

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY – Get Free Report) has been assigned an average rating of “Hold” from the six analysts that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a strong buy recommendation to the company.

A number of equities analysts have recently commented on the stock. BNP Paribas Exane upgraded shares of Kone Oyj to a “strong sell” rating in a report on Tuesday, March 3rd. Evercore upgraded shares of Kone Oyj to a “hold” rating in a report on Monday, April 13th. Finally, Citigroup lowered shares of Kone Oyj from a “buy” rating to a “neutral” rating in a report on Monday, January 26th.

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Kone Oyj Stock Performance

Shares of Kone Oyj stock opened at $29.88 on Tuesday. Kone Oyj has a fifty-two week low of $29.12 and a fifty-two week high of $38.29. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.08 and a quick ratio of 0.92. The firm has a market capitalization of $27.08 billion, a P/E ratio of 27.41, a P/E/G ratio of 1.57 and a beta of 0.66. The company’s 50 day moving average price is $32.15 and its two-hundred day moving average price is $34.19.

Kone Oyj (OTCMKTS:KNYJY – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). The business had revenue of $3.12 billion for the quarter, compared to analyst estimates of $2.66 billion. Kone Oyj had a return on equity of 39.08% and a net margin of 8.71%. On average, equities analysts forecast that Kone Oyj will post 1.29 earnings per share for the current fiscal year.

About Kone Oyj

(Get Free Report)

Kone Oyj is a Finland-based company that designs, manufactures and services elevators, escalators and automatic building doors. Founded in 1910 and headquartered in Espoo, Kone has grown into a global provider of people-flow solutions, supplying new equipment as well as modernization and maintenance services for a wide range of buildings, including residential, commercial, healthcare, retail and transportation facilities.

The company’s core activities include the engineering and installation of elevator and escalator systems, ongoing maintenance programs to ensure safety and uptime, and modernization of aging equipment to improve performance and energy efficiency.

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