Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Receives Average Rating of "Hold" from Brokerages

Key Points

• Shares of Kone Oyj's unsponsored ADR carry a consensus rating of Hold from six brokers—based on 2 sell, 3 hold and 1 strong-buy—reflecting mixed analyst views and recent revisions (RBC and Sanford C. Bernstein upgraded, Citigroup and BNP Paribas Exane cut/issued strong-sell ratings).
• The ADR opened at $31.51 (below its 50-day MA of $35.10), with a market cap of $28.56 billion, a P/E of 29.44, last-quarter EPS of $0.30 and analyst-expected FY EPS of 1.06.

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

KNYJY has been the subject of several research reports. Royal Bank Of Canada upgraded Kone Oyj from a "strong sell" rating to a "hold" rating in a research report on Tuesday, January 13th. Citigroup cut Kone Oyj from a "buy" rating to a "neutral" rating in a report on Monday, January 26th. BNP Paribas Exane raised Kone Oyj to a "strong sell" rating in a research report on Tuesday, March 3rd. Barclays reissued an "underweight" rating on shares of Kone Oyj in a report on Wednesday, December 3rd. Finally, Sanford C. Bernstein upgraded Kone Oyj to a "strong-buy" rating in a research report on Friday, December 5th.

Kone Oyj Stock Performance

OTCMKTS:KNYJY opened at $31.51 on Monday. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 0.18. The firm has a 50-day moving average price of $35.10 and a two-hundred day moving average price of $34.48. Kone Oyj has a twelve month low of $25.42 and a twelve month high of $38.29. The company has a market capitalization of $28.56 billion, a P/E ratio of 29.44, a price-to-earnings-growth ratio of 1.70 and a beta of 0.64.

Kone Oyj (OTCMKTS:KNYJY - Get Free Report) last announced its earnings results on Friday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter. The company had revenue of $3.45 billion during the quarter. Kone Oyj had a net margin of 8.76% and a return on equity of 40.59%. As a group, research analysts expect that Kone Oyj will post 1.06 earnings per share for the current fiscal year.

Kone Oyj Company Profile

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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