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

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) has been given a consensus recommendation of “Hold” by the seven analysts that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company.

Several brokerages have weighed in on KNYJY. Evercore raised shares of Kone Oyj to a “hold” rating in a report on Monday, April 13th. Kepler Capital Markets raised shares of Kone Oyj from a “hold” rating to a “buy” rating in a research report on Tuesday, June 23rd.

Kone Oyj Stock Down 0.9%

KNYJY stock opened at $27.85 on Wednesday. Kone Oyj has a twelve month low of $27.48 and a twelve month high of $38.29. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $25.24 billion, a P/E ratio of 25.55, a PEG ratio of 1.52 and a beta of 0.64. The firm has a 50 day simple moving average of $28.93 and a 200-day simple moving average of $32.64.

Kone Oyj (OTCMKTS:KNYJY) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.01). The company had revenue of $3.12 billion during the quarter, compared to analyst estimates of $2.66 billion. Kone Oyj had a net margin of 8.71% and a return on equity of 39.08%. On average, equities research analysts predict that Kone Oyj will post 1.27 earnings per share for the current fiscal 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.