Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Given Consensus Rating of "Hold" by Analysts

Key Points

• Kone Oyj's ADR (OTCMKTS:KNYJY) carries a consensus analyst recommendation of Hold based on six analysts (2 sell, 3 hold, 1 strong buy), with recent revisions including Citi cutting to neutral, BNP Paribas Exane to strong sell, and upgrades from RBC and Evercore to hold.
• The stock opened at $33.78 with a market cap of $30.62 billion, a P/E of 31.57, 50-/200-day moving averages near $33.90/$34.41 and a 1-year range of $28.36–$38.29; last quarter EPS was $0.30 on $3.45 billion in revenue, with analysts forecasting about 1.27 EPS for the year.

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY - Get Free Report) has earned a consensus recommendation of "Hold" from the six analysts that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a strong buy rating on the company.

A number of research firms have recently issued reports on KNYJY. Citigroup cut shares of Kone Oyj from a "buy" rating to a "neutral" rating in a research report on Monday, January 26th. BNP Paribas Exane raised shares of Kone Oyj to a "strong sell" rating in a research report on Tuesday, March 3rd. Royal Bank Of Canada raised shares of Kone Oyj from a "strong sell" rating to a "hold" rating in a research report on Tuesday, January 13th. Finally, Evercore raised shares of Kone Oyj to a "hold" rating in a research report on Monday, April 13th.

Kone Oyj Stock Performance

Shares of Kone Oyj stock opened at $33.78 on Friday. The company has a market cap of $30.62 billion, a P/E ratio of 31.57, a PEG ratio of 1.79 and a beta of 0.69. The business has a 50-day moving average price of $33.90 and a two-hundred day moving average price of $34.41. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 0.18. Kone Oyj has a 1-year low of $28.36 and a 1-year high of $38.29.

Kone Oyj (OTCMKTS:KNYJY - Get Free Report) last released its quarterly earnings data on Friday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter. The company had revenue of $3.45 billion for the quarter. Kone Oyj had a net margin of 8.76% and a return on equity of 40.59%. As a group, analysts anticipate that Kone Oyj will post 1.27 EPS for the current year.

About Kone Oyj

Kone Oyj is a Finland-based company that designs, manufactures and services elevators, escalators and automatic building doors. Founded in 1910 and headquartered in Espoo, Kone has grown into a global provider of people-flow solutions, supplying new equipment as well as modernization and maintenance services for a wide range of buildings, including residential, commercial, healthcare, retail and transportation facilities.

The company's core activities include the engineering and installation of elevator and escalator systems, ongoing maintenance programs to ensure safety and uptime, and modernization of aging equipment to improve performance and energy efficiency.

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