Kion Group (OTCMKTS:KIGRY) Sets New 1-Year High - Should You Buy?

Key Points

• Kion Group's stock reached a new **52-week high** at $17.34 during trading, closing slightly lower at $17.21, with an average rating of **"Strong Buy"** from analysts.
• The company recently reported quarterly earnings of **$0.20 EPS** and announced an increase in its dividend to **$0.1437**, reflecting a **124.0% dividend yield**.
• With a market cap of **$9.03 billion**, Kion Group maintains a **debt-to-equity ratio of 0.16** and has a current ratio of 0.99, indicating solid financial health.

Kion Group (OTCMKTS:KIGRY - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $17.34 and last traded at $17.21, with a volume of 30732 shares traded. The stock had previously closed at $17.08.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Kion Group in a research note on Friday, July 4th. Three research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Strong Buy".

Kion Group Stock Up 0.8%

The stock has a 50 day moving average price of $14.77 and a 200-day moving average price of $12.11. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.99 and a quick ratio of 0.68. The stock has a market capitalization of $9.03 billion, a P/E ratio of 35.85 and a beta of 1.98.

Kion Group (OTCMKTS:KIGRY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.20 earnings per share (EPS) for the quarter. Kion Group had a return on equity of 3.89% and a net margin of 2.08%.The business had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.18 billion. As a group, research analysts expect that Kion Group will post 0.78 EPS for the current fiscal year.

Kion Group Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were issued a $0.1437 dividend. This is a positive change from Kion Group's previous dividend of $0.12. This represents a dividend yield of 124.0%. The ex-dividend date was Thursday, May 29th. Kion Group's dividend payout ratio (DPR) is 29.17%.

About Kion Group

KION GROUP AG provides industrial trucks and supply chain solutions worldwide. The company operates in Industrial Trucks & Services and Supply Chain Solutions segments. It offers forklift trucks, counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated warehouse trucks, automated guided vehicle systems (AGVs), and towing vehicles under the Linde, STILL, Baoli, Fenwick, and OM brands.

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