Kion Group (KIGRY) - What Are Researchers Saying About This Stock?

Key Points

• Kion Group has a “Moderate Buy” consensus rating from eight analysts: five rate it a buy, one a strong buy, and two recommend holding the stock. Recent actions included upgrades from Morgan Stanley and Citigroup.
• The stock opened at $9.17, near its 52-week low of $9.15 and well below its 52-week high of $20.54. Its market capitalization is $4.81 billion, with a P/E ratio of 10.79 and beta of 2.08.
• Kion reported quarterly EPS of $0.25 and revenue of $3.39 billion, exceeding the $3.28 billion analyst estimate. Analysts expect full-year EPS of $0.84.

Shares of Kion Group (OTCMKTS:KIGRY - Get Free Report) have received a consensus rating of "Moderate Buy" from the eight analysts that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company.

KIGRY has been the subject of a number of research analyst reports. Zacks Research raised shares of Kion Group from a "strong sell" rating to a "hold" rating in a research report on Friday, October 2nd. Morgan Stanley upgraded shares of Kion Group to an "overweight" rating in a research note on Tuesday, July 7th. Barclays reissued an "overweight" rating on shares of Kion Group in a report on Monday, October 5th. Finally, Citigroup upgraded Kion Group from a "neutral" rating to a "buy" rating in a research note on Tuesday, September 8th.

Kion Group Price Performance

KIGRY opened at $9.17 on Monday. The company's 50-day simple moving average is $11.27 and its two-hundred day simple moving average is $11.88. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.68 and a current ratio of 1.00. The stock has a market capitalization of $4.81 billion, a P/E ratio of 10.79 and a beta of 2.08. Kion Group has a 52-week low of $9.15 and a 52-week high of $20.54.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.25 EPS for the quarter. Kion Group had a net margin of 3.36% and a return on equity of 6.26%. The firm had revenue of $3.39 billion during the quarter, compared to analyst estimates of $3.28 billion. As a group, analysts predict that Kion Group will post 0.84 EPS for the current year.

Kion Group Company Profile

KION Group AG is a Germany-based provider of industrial trucks, warehouse equipment, and supply chain automation solutions. Its products and services support the movement, storage, and management of materials in warehouses, distribution centers, manufacturing facilities, and other logistics environments.

The company operates through two primary business areas: Industrial Trucks & Services and Supply Chain Solutions. Its industrial truck portfolio includes forklift trucks, warehouse equipment, and related services, while its supply chain solutions business provides automated systems, software, robotics, and integrated technologies for warehouse and distribution operations.

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