Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Given Average Rating of “Hold” by Analysts

Shares of Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) have been assigned a consensus recommendation of “Hold” from the eight brokerages that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

Several brokerages have commented on KNYJY. Zacks Research downgraded shares of Kone Oyj from a “hold” rating to a “strong sell” rating in a report on Friday, July 24th. Kepler Capital Markets upgraded shares of Kone Oyj from a “hold” rating to a “buy” rating in a report on Tuesday, June 23rd.

Kone Oyj Stock Up 0.5%

Shares of Kone Oyj stock opened at $30.74 on Thursday. Kone Oyj has a 1 year low of $26.52 and a 1 year high of $38.29. The business has a 50-day moving average of $28.65 and a two-hundred day moving average of $31.03. The company has a market capitalization of $27.86 billion, a P/E ratio of 29.00, a price-to-earnings-growth ratio of 1.80 and a beta of 0.64. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.99 and a quick ratio of 0.83.

Kone Oyj (OTCMKTS:KNYJY) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). Kone Oyj had a net margin of 8.33% and a return on equity of 38.87%. The business had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $3.38 billion. As a group, equities analysts predict that Kone Oyj will post 1.2 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.