Kion Group (OTCMKTS:KIGRY) Receives Consensus Recommendation of "Hold" from Brokerages

Key Points

• Analysts give Kion Group an average recommendation of Hold based on six analysts (1 sell, 3 hold, 2 buy), reflecting mixed sentiment and recent divergent rating moves including upgrades by Oddo Bhf and Jefferies and a downgrade by Zacks.
• Kion reported Q results with $0.15 EPS and revenue of $3.61 billion (above estimates), while the stock opened at $13.05, trades below its 50- and 200-day moving averages, has a market cap of about $6.84 billion and a P/E of 16.31.

Shares of Kion Group (OTCMKTS:KIGRY - Get Free Report) have earned an average recommendation of "Hold" from the six analysts that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company.

Several equities analysts recently issued reports on the company. Oddo Bhf raised Kion Group to an "outperform" rating in a research note on Monday. Zacks Research cut shares of Kion Group from a "hold" rating to a "strong sell" rating in a research report on Friday, March 6th. Finally, Jefferies Financial Group raised shares of Kion Group from a "strong sell" rating to a "hold" rating in a research report on Wednesday, March 4th.

Kion Group Stock Performance

Shares of Kion Group stock opened at $13.05 on Monday. The stock has a 50 day moving average of $13.94 and a 200 day moving average of $16.82. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.68 and a current ratio of 0.99. The firm has a market capitalization of $6.84 billion, a price-to-earnings ratio of 16.31 and a beta of 2.07. Kion Group has a fifty-two week low of $10.61 and a fifty-two week high of $20.54.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.15 earnings per share (EPS) for the quarter. Kion Group had a net margin of 3.26% and a return on equity of 6.19%. The firm had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.48 billion. As a group, research analysts predict that Kion Group will post 0.96 earnings per share 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.

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