KONE Oyj (OTCMKTS:KNYJY - Get Free Report) announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.22 earnings per share for the quarter, meeting analysts' consensus estimates of $0.22, Zacks reports. KONE Oyj had a net margin of 8.57% and a return on equity of 38.04%. The firm had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.76 billion.
KONE Oyj Stock Performance
OTCMKTS:KNYJY traded up $0.17 during trading hours on Wednesday, reaching $31.23. The company had a trading volume of 21,687 shares, compared to its average volume of 32,862. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.13 and a quick ratio of 0.89. The firm has a market cap of $28.31 billion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 2.70 and a beta of 0.73. The business's 50 day moving average price is $28.69 and its 200-day moving average price is $26.88. KONE Oyj has a 1-year low of $23.14 and a 1-year high of $31.45.
KONE Oyj Increases Dividend
The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were issued a dividend of $0.9388 per share. The ex-dividend date was Friday, March 7th. This is a boost from KONE Oyj's previous dividend of $0.94. KONE Oyj's dividend payout ratio (DPR) is 41.00%.
Wall Street Analyst Weigh In
Separately, Kepler Capital Markets cut KONE Oyj from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 17th.
Check Out Our Latest Research Report on KONE Oyj
KONE Oyj Company Profile
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KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. The company provides elevators, escalators, and automatic building doors. It offers maintenance services; and modernization solutions. In addition, the company offers KONE Office Flow, a connected solution that allows for personalized user experiences and touch-free access; health and well-being solutions for elevators, escalators, and doors; KONE Access, an access control system, which is integrated with elevator system and building doors; KONE Destination, a destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators.
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