Knorr-Bremse (OTCMKTS:KNRRY – Get Free Report) is expected to be posting its results after the market closes on Thursday, October 29th. Analysts expect the company to post earnings of $0.31 per share and revenue of $2.38 billion for the quarter.
Knorr-Bremse Trading Up 0.5%
Shares of KNRRY opened at $27.70 on Thursday. The stock’s 50-day moving average price is $29.23 and its two-hundred day moving average price is $29.44. Knorr-Bremse has a 12 month low of $22.62 and a 12 month high of $33.96. The company has a market capitalization of $17.86 billion, a PE ratio of 25.99, a PEG ratio of 0.91 and a beta of 0.38.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the company. Citigroup restated a “buy” rating on shares of Knorr-Bremse in a research report on Tuesday, July 7th. Zacks Research lowered Knorr-Bremse from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 30th. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Knorr-Bremse presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on Knorr-Bremse
About Knorr-Bremse
Knorr-Bremse AG is a Germany-based manufacturer of braking and other safety-critical systems for rail vehicles and commercial vehicles. The company supplies equipment to original equipment manufacturers and operators, with products designed to support vehicle control, safety, efficiency and passenger or driver comfort.
Its rail vehicle business offers braking systems, doors, entrance systems, climate-control equipment, automatic couplers, digital solutions and other components for trains, metros, trams and locomotives.
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