Kone Oyj (OTCMKTS:KNYJY) Stock Rating Upgraded by Kepler Capital Markets

Kone Oyj (OTCMKTS:KNYJY – Get Free Report) was upgraded by Kepler Capital Markets from a “hold” rating to a “buy” rating in a report issued on Tuesday.

A number of other research analysts have also commented on the company. BNP Paribas Exane raised Kone Oyj to a “strong sell” rating in a research report on Tuesday, March 3rd. Evercore raised Kone Oyj to a “hold” rating in a research note on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

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Kone Oyj Stock Down 0.1%

Shares of OTCMKTS KNYJY opened at $28.13 on Tuesday. The firm’s fifty day moving average is $30.51 and its 200 day moving average is $33.38. Kone Oyj has a 52 week low of $27.49 and a 52 week high of $38.29. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 0.18. The company has a market cap of $25.50 billion, a price-to-earnings ratio of 25.81, a PEG ratio of 1.50 and a beta of 0.63.

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

Kone Oyj Company Profile

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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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