Kion Group (OTCMKTS:KIGRY) Receives Average Recommendation of “Moderate Buy” from Analysts

Kion Group (OTCMKTS:KIGRYGet Free Report) has earned an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company.

KIGRY has been the topic of a number of research analyst reports. Morgan Stanley upgraded shares of Kion Group to an “overweight” rating in a research report on Tuesday, July 7th. DZ Bank upgraded shares of Kion Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 19th. Finally, Zacks Research cut Kion Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th.

View Our Latest Research Report on Kion Group

Kion Group Stock Up 3.5%

KIGRY stock opened at $13.08 on Friday. The firm has a 50-day moving average price of $11.83 and a 200-day moving average price of $12.90. Kion Group has a 12 month low of $10.26 and a 12 month high of $20.54. The company has a current ratio of 1.00, a quick ratio of 0.77 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $6.86 billion, a P/E ratio of 15.39 and a beta of 2.07.

Kion Group (OTCMKTS:KIGRYGet Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter. The company had revenue of $3.39 billion for the quarter, compared to analyst estimates of $3.28 billion. Kion Group had a net margin of 3.36% and a return on equity of 6.26%. As a group, equities research analysts anticipate that Kion Group will post 0.95 EPS for the current fiscal year.

Kion Group Company Profile

(Get Free Report)

Kion Group AG is a Germany‐based manufacturer of industrial trucks and supply chain solutions, traded over the counter in the U.S. under the ticker KIGRY. The company designs, produces and services a broad range of material handling equipment, including counterbalance trucks, warehouse and very narrow aisle trucks, pallet trucks, reach trucks, and automated guided vehicles. Kion Group also offers software and digital products to optimize warehouse management and logistical operations for customers across manufacturing, retail, distribution and e-commerce industries.

The group’s key brands include Linde Material Handling, STILL and Dematic.

Recommended Stories

Analyst Recommendations for Kion Group (OTCMKTS:KIGRY)

Receive News & Ratings for Kion Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kion Group and related companies with MarketBeat.com's FREE daily email newsletter.