Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Stock Rated “Hold” by Wall Street Analysts

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

Several research firms recently commented on KNYJY. Kepler Capital Markets raised Kone Oyj from a “hold” rating to a “buy” rating in a research note on Tuesday, June 23rd. Zacks Research upgraded Kone Oyj from a “strong sell” rating to a “hold” rating in a report on Monday, September 21st.

Kone Oyj Stock Performance

Shares of KNYJY opened at $29.41 on Monday. The company has a current ratio of 0.99, a quick ratio of 0.83 and a debt-to-equity ratio of 0.23. The firm’s fifty day simple moving average is $29.14 and its two-hundred day simple moving average is $29.99. Kone Oyj has a 12 month low of $26.52 and a 12 month high of $38.29. The stock has a market capitalization of $26.65 billion, a P/E ratio of 27.74, a price-to-earnings-growth ratio of 1.73 and a beta of 0.65.

Kone Oyj (OTCMKTS:KNYJY) last posted 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). The business had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $3.38 billion. Kone Oyj had a return on equity of 38.87% and a net margin of 8.33%. As a group, 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 develops, manufactures, sells and services elevators, escalators and automatic building doors. Its solutions are used in residential, commercial and public buildings to support the movement of people and goods, and include equipment, control systems, access solutions and related digital services.

The company also provides maintenance, modernization and replacement services for its own equipment and products from other manufacturers. These services are intended to improve the safety, reliability, energy efficiency and performance of elevators, escalators and building-access systems throughout their operating lives.

Founded in 1910, Kone has grown into an international provider serving customers across Europe, Asia-Pacific, the Middle East, Africa and the Americas.