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

Shares of Kion Group (OTCMKTS:KIGRY) have earned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

KIGRY has been the subject of a number of recent analyst reports. Jefferies Financial Group raised Kion Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. Zacks Research cut Kion Group from a “hold” rating to a “strong sell” rating in a research report on Friday, March 6th. Oddo Bhf raised Kion Group to an “outperform” rating in a research report on Monday, May 4th. Finally, DZ Bank raised Kion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th.

Kion Group Stock Performance

Shares of OTCMKTS KIGRY opened at $12.73 on Friday. The stock has a market cap of $6.68 billion, a price-to-earnings ratio of 15.91 and a beta of 2.07. The business has a 50 day simple moving average of $13.02 and a 200 day simple moving average of $16.37. Kion Group has a 52 week low of $11.46 and a 52 week high of $20.54. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.68 and a current ratio of 0.99.

Kion Group (OTCMKTS:KIGRY) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.15 EPS for the quarter. The business had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.48 billion. Kion Group had a return on equity of 6.19% and a net margin of 3.26%. On average, research analysts predict that Kion Group will post 0.98 earnings per share for the current fiscal year.

About Kion Group

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.