Kion Group (OTCMKTS:KIGRY – Get Free Report) has been given an average rating of “Moderate Buy” by the eight ratings firms that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company.
Several brokerages recently issued reports on KIGRY. Morgan Stanley raised Kion Group to an “overweight” rating in a research report on Tuesday, July 7th. Citigroup upgraded Kion Group from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 8th. Barclays reissued an “overweight” rating on shares of Kion Group in a research note on Monday, October 5th. Finally, Zacks Research raised Kion Group from a “strong sell” rating to a “hold” rating in a research note on Friday, October 2nd.
Check Out Our Latest Stock Analysis on KIGRY
Kion Group Stock Down 0.3%
OTCMKTS:KIGRY opened at $9.36 on Monday. The firm’s 50 day simple moving average is $11.11 and its 200 day simple moving average is $13.17. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.00 and a quick ratio of 0.68. Kion Group has a one year low of $9.15 and a one year high of $20.54. The company has a market cap of $4.91 billion, a PE ratio of 11.01 and a beta of 2.08.
Kion Group (OTCMKTS:KIGRY – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.25 earnings per share for the quarter. Kion Group had a net margin of 3.36% and a return on equity of 6.26%. The firm had revenue of $3.39 billion for the quarter, compared to analyst estimates of $3.28 billion. On average, research analysts anticipate that Kion Group will post 0.84 earnings per share for the current year.
About Kion Group
KION Group AG is a Germany-based provider of industrial trucks, warehouse equipment, and supply chain automation solutions. Its products and services support the movement, storage, and management of materials in warehouses, distribution centers, manufacturing facilities, and other logistics environments.
The company operates through two primary business areas: Industrial Trucks & Services and Supply Chain Solutions. Its industrial truck portfolio includes forklift trucks, warehouse equipment, and related services, while its supply chain solutions business provides automated systems, software, robotics, and integrated technologies for warehouse and distribution operations.
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