Kion Group (OTCMKTS:KIGRY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Kion Group (OTCMKTS:KIGRY) have earned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several brokerages recently weighed in on KIGRY. Morgan Stanley upgraded shares of Kion Group to an “overweight” rating in a report on Tuesday, July 7th. Zacks Research lowered shares of Kion Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Citigroup upgraded shares of Kion Group from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 8th. Finally, Barclays reissued an “overweight” rating on shares of Kion Group in a research note on Monday.

Kion Group Stock Performance

Kion Group stock opened at $10.04 on Thursday. The company has a current ratio of 1.00, a quick ratio of 0.68 and a debt-to-equity ratio of 0.21. Kion Group has a 1 year low of $9.89 and a 1 year high of $20.54. The company has a market cap of $5.26 billion, a PE ratio of 11.81 and a beta of 2.08. The company’s 50-day moving average is $11.90 and its two-hundred day moving average is $12.20.

Kion Group (OTCMKTS:KIGRY) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.25 EPS for the quarter. The company had revenue of $3.39 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Kion Group had a net margin of 3.36% and a return on equity of 6.26%. Equities analysts anticipate that Kion Group will post 0.95 earnings per share for the current year.

About Kion Group

KION Group AG is a Germany-based provider of industrial trucks, supply chain solutions and warehouse automation technologies. Its products and services include forklift trucks, warehouse equipment, automated material-handling systems, robotics, warehouse management software and related maintenance and support services.

The company operates through two principal segments: Industrial Trucks & Services, which provides products such as counterbalance trucks, warehouse trucks and fleet-management solutions, and Supply Chain Solutions, which develops automated systems and software for distribution centers and logistics operations.