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

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) has earned an average rating of “Hold” from the six brokerages that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a strong buy rating to the company.

KNYJY has been the subject of several analyst reports. Evercore upgraded shares of Kone Oyj to a “hold” rating in a report on Monday, April 13th. BNP Paribas Exane upgraded shares of Kone Oyj to a “strong sell” rating in a report on Tuesday, March 3rd.

Kone Oyj Trading Down 0.2%

OTCMKTS KNYJY opened at $28.14 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 0.18. Kone Oyj has a 52 week low of $27.49 and a 52 week high of $38.29. The stock has a market capitalization of $25.51 billion, a PE ratio of 25.82, a price-to-earnings-growth ratio of 1.50 and a beta of 0.63. The firm has a 50 day moving average of $31.00 and a two-hundred day moving average of $33.61.

Kone Oyj (OTCMKTS:KNYJY) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.01). Kone Oyj had a return on equity of 39.08% and a net margin of 8.71%.The firm had revenue of $3.12 billion for the quarter, compared to analyst estimates of $2.66 billion. As a group, research analysts expect that Kone Oyj will post 1.29 EPS for the current fiscal year.

About Kone Oyj

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.