Kion Group (OTCMKTS:KIGRY) Receives Average Rating of “Moderate Buy” from Brokerages

Kion Group (OTCMKTS:KIGRY) has received a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

KIGRY has been the topic of a number of research analyst reports. Morgan Stanley upgraded Kion Group to an “overweight” rating in a research note on Tuesday, July 7th. DZ Bank raised shares of Kion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Zacks Research downgraded shares of Kion Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Finally, Oddo Bhf raised shares of Kion Group to an “outperform” rating in a research report on Monday, May 4th.

Kion Group Price Performance

Shares of OTCMKTS KIGRY opened at $11.79 on Wednesday. The company has a quick ratio of 0.77, a current ratio of 1.10 and a debt-to-equity ratio of 0.22. The business’s 50 day moving average price is $11.56 and its two-hundred day moving average price is $13.65. The company has a market cap of $6.18 billion, a PE ratio of 13.87 and a beta of 2.05. Kion Group has a twelve month low of $10.26 and a twelve month high of $20.54.

Kion Group (OTCMKTS:KIGRY) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter. Kion Group had a return on equity of 6.33% and a net margin of 3.36%.The company had revenue of $3.39 billion during the quarter, compared to analysts’ expectations of $3.28 billion. On average, analysts predict that Kion Group will post 0.95 EPS for the current year.

Kion Group Company Profile

Kion Group AG is a Germany‐based manufacturer of industrial trucks and supply chain solutions, traded over the counter in the U.S. under the ticker KIGRY. The company designs, produces and services a broad range of material handling equipment, including counterbalance trucks, warehouse and very narrow aisle trucks, pallet trucks, reach trucks, and automated guided vehicles. Kion Group also offers software and digital products to optimize warehouse management and logistical operations for customers across manufacturing, retail, distribution and e-commerce industries.

The group’s key brands include Linde Material Handling, STILL and Dematic.