Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Receives Consensus Rating of “Hold” from Brokerages

Shares of Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) have been given an average recommendation of “Hold” by the six ratings firms that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company.

Several analysts recently commented on KNYJY shares. Evercore upgraded shares of Kone Oyj to a “hold” rating in a research report on Monday, April 13th. BNP Paribas Exane upgraded shares of Kone Oyj to a “strong sell” rating in a research report on Tuesday, March 3rd.

Kone Oyj Stock Down 0.2%

KNYJY stock opened at $28.14 on Friday. The company has a fifty day moving average price of $31.00 and a 200 day moving average price of $33.61. Kone Oyj has a 12 month low of $27.49 and a 12 month high of $38.29. The company has a market cap of $25.51 billion, a price-to-earnings ratio of 25.82, a price-to-earnings-growth ratio of 1.50 and a beta of 0.63. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.08 and a quick ratio of 0.92.

Kone Oyj (OTCMKTS:KNYJY) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.01). Kone Oyj had a net margin of 8.71% and a return on equity of 39.08%. The business had revenue of $3.12 billion during the quarter, compared to analysts’ expectations of $2.66 billion. Sell-side analysts expect that Kone Oyj will post 1.29 earnings per share 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.