ETR:KRNKrones Stock Price, Forecast & News

€64.10

+0.90 (+1.42 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

€62.30

Now: €64.10▼

€64.50

50-Day Range

€50.20

MA: €55.96▼

€63.20

52-Week Range

€41.92

Now: €64.10▼

€75.50

Volume66,029 shs

Average Volume33,680 shs

Market Capitalization$2.03 billion

P/E Ratio164.78

Dividend Yield1.23%

BetaN/A

Krones AG, together with its subsidiaries, engages in planning, developing, and manufacturing machinery and systems for the fields of process technology, filling and packaging technology, and intralogistics in Germany and internationally. The company operates through three segments: Machines and Lines for Product Filling and Decoration, Machines and Lines for Beverage Production/Process Technology, and Machines and Lines for the Compact Class. It provides plant engineering solutions, such as planning new plants, plant expansion, plant structural planning, and energy and media optimization; and process technology systems for use in beer, soft drink, water, milk, wine, spirit, juice, and dairy products. It also provides filling technology products for bottle design, stretch blow moulder, PET recycling, bottle washing machine, filling technology, inspection technology, labeling, conveyor, product treatment, and block technology applications; and packaging, palletising, block, and robot technology products. In addition, the company offers intralogistics solutions, such as warehouse management systems, in-house solutions, and order picking systems for the food and beverage industries; and IT solutions, including manufacturing execution system, process control system, and warehouse management systems for beverage and food industry. It serves breweries, the soft-drinks sector, and producers of still or sparkling wines and spirits, as well as food and luxury-goods, chemical, cosmetics, and pharmaceutical industries. Krones AG was founded in 1951 and is headquartered in Neutraubling, Germany.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Consensus Rating
Krones has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 3 buy ratings, 6 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of €58.37, Krones has a potential downside of 8.9% from its current price of €64.10.
Amount of Analyst Coverage
Krones has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.3 Community Rank

Outperform Votes
Krones has received 224 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Krones has received 263 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Krones has received 54.00% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Krones and other stocks. Vote “Outperform” if you believe KRN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KRN will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
Krones is a leading dividend payer. It pays a dividend yield of 1.23%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Krones does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Krones is 192.80 %. Payout ratios above 75% are not desirable because they may not be sustainable.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Krones insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Krones are expected to decrease by -100.00% in the coming year, from €5.98 to €0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Krones is 164.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Krones is 164.78, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 12.16.
Price to Book Value per Share Ratio
Krones has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.20 out of 5 stars

Industry, Sector and Symbol

Stock Exchange ETR

Industry Diversified Industrials

Sub-IndustryN/A

SectorIndustrials

Current SymbolETR:KRN

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.krones.com

Phone+49-9401-700

Debt

Debt-to-Equity Ratio24.28

Current Ratio1.42

Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio164.78

Forward P/E Ratio10.72

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.98 billion

Price / Sales0.51

Cash Flow€11.97 per share

Price / Cash Flow5.36

Book Value€43.67 per share

Price / Book1.47

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees16,695

Outstanding Shares31,593,100

Market Cap$2.03 billion

Next Earnings Date7/30/2020 (Estimated)

OptionableNot Optionable

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Krones (ETR:KRN) Frequently Asked Questions

How has Krones' stock been impacted by COVID-19 (Coronavirus)?

Krones' stock was trading at €50.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, KRN shares have increased by 26.2% and is now trading at €64.10. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Krones?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Krones in the last year. There are currently 2 sell ratings, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Krones.

When is Krones' next earnings date?

Krones is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for Krones.

What price target have analysts set for KRN?

11 Wall Street analysts have issued 1-year price objectives for Krones' stock. Their forecasts range from €40.00 to €76.00. On average, they expect Krones' share price to reach €58.37 in the next year. This suggests that the stock has a possible downside of 8.9%. View analysts' price targets for Krones.

Has Krones been receiving favorable news coverage?

Headlines about KRN stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Krones earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutKrones.

Who are some of Krones' key competitors?

Some companies that are related to Krones include Spirax-Sarco Engineering (SPX), GEA Group Aktiengesellschaft (G1A), Rheinmetall (RHM), IMI (IMI), Rotork (ROR), ATS Automation Tooling Systems (ATA), Pfeiffer Vacuum Technology (PFV), Duerr (DUE), Kuka (KU2), Bodycote (BOY), Stabilus (STM), Jungheinrich (JUN3), Morgan Advanced Materials (MGAM), Savaria (SIS) and General Electric (GEC). View all competitors.

What other stocks do shareholders of Krones own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Krones investors own include Mondi (MNDI), ATS Automation Tooling Systems (ATA), Activision Blizzard (ATVI), Bayerische Motoren Werke (BMW), Bristol-Myers Squibb (BMY), Caci International (CACI), Chesapeake Lodging Trust (CHSP), Fresenius SE & Co KGaA (FRE), GlaxoSmithKline (GSK) and HTG Molecular Diagnostics (HTGM).

Who are Krones' key executives?

Krones' management team includes the following people:

Mr. Christoph Klenk, Chairman of Exec. Board & CEO (Age 56)
Mr. Michael Andersen, CFO & Member of Exec. Board
Mr. Thomas Ricker, Chief Sales Officer & Member of Exec. Board (Age 51)
Mr. Klaus Gerlach, Head of Central International Operations & Services and Member of Supervisory Board
Mr. Markus Tischer, Member of Exec. Board (Age 51)

What is Krones' stock symbol?

Krones trades on the ETR under the ticker symbol "KRN."

What is Krones' stock price today?

One share of KRN stock can currently be purchased for approximately €64.10.

How big of a company is Krones?

Krones has a market capitalization of $2.03 billion and generates $3.98 billion in revenue each year. Krones employs 16,695 workers across the globe.

What is Krones' official website?

The official website for Krones is www.krones.com.

How can I contact Krones?

Krones' mailing address is Boehmerwaldstrasse 5, NEUTRAUBLING, 93073, Germany. The company can be reached via phone at +49-9401-700.

This page was last updated on 6/7/2020 by MarketBeat.com Staff