Kion Group (OTCMKTS:KIGRY) Given Average Recommendation of “Hold” by Brokerages

Kion Group (OTCMKTS:KIGRY) has been given a consensus rating of “Hold” by the six ratings firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several brokerages recently weighed in on KIGRY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Kion Group in a research report on Monday, December 8th. Jefferies Financial Group upgraded Kion Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Zacks Research downgraded Kion Group from a “hold” rating to a “strong sell” rating in a research note on Friday. Finally, Citigroup lowered Kion Group from a “buy” rating to a “hold” rating in a research report on Friday, December 5th.

Kion Group Trading Down 0.5%

OTCMKTS:KIGRY opened at $14.50 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 0.97 and a debt-to-equity ratio of 0.15. The stock’s 50 day moving average price is $18.40 and its 200 day moving average price is $17.79. The company has a market capitalization of $7.61 billion, a PE ratio of 29.00 and a beta of 2.19. Kion Group has a 52-week low of $7.66 and a 52-week high of $20.54.

Kion Group (OTCMKTS:KIGRY) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.15 earnings per share for the quarter. The company had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3.48 billion. Kion Group had a net margin of 2.12% and a return on equity of 4.03%. On average, research analysts anticipate that Kion Group will post 0.78 EPS for the current year.

Kion Group Company Profile

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.