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

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) has received a consensus recommendation of “Hold” from the eight analysts that are covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages recently commented on KNYJY. Zacks Research downgraded Kone Oyj from a “hold” rating to a “strong sell” rating in a report on Friday, July 24th. Kepler Capital Markets upgraded shares of Kone Oyj from a “hold” rating to a “buy” rating in a report on Tuesday, June 23rd.

Kone Oyj Stock Down 0.1%

OTCMKTS KNYJY opened at $29.81 on Thursday. Kone Oyj has a 1 year low of $26.52 and a 1 year high of $38.29. The stock has a market capitalization of $27.02 billion, a PE ratio of 28.12, a PEG ratio of 1.76 and a beta of 0.65. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.99 and a quick ratio of 0.83. The business’s 50-day moving average is $28.87 and its 200 day moving average is $30.85.

Kone Oyj (OTCMKTS:KNYJY) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). Kone Oyj had a net margin of 8.33% and a return on equity of 38.87%. The business had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $3.38 billion. Sell-side analysts forecast that Kone Oyj will post 1.2 earnings per share for the current year.

Kone Oyj Company Profile

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.