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

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

A number of equities research analysts have recently commented on the stock. Kepler Capital Markets upgraded shares of Kone Oyj from a “hold” rating to a “buy” rating in a research report on Tuesday, June 23rd. Evercore raised shares of Kone Oyj to a “hold” rating in a research note on Monday, April 13th.

Kone Oyj Price Performance

OTCMKTS:KNYJY opened at $28.71 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 0.18. Kone Oyj has a 52 week low of $27.48 and a 52 week high of $38.29. The stock’s 50-day moving average price is $29.32 and its 200-day moving average price is $32.90. The stock has a market capitalization of $26.03 billion, a PE ratio of 26.34, a price-to-earnings-growth ratio of 1.56 and a beta of 0.64.

Kone Oyj (OTCMKTS:KNYJY) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). Kone Oyj had a return on equity of 39.08% and a net margin of 8.71%.The business had revenue of $3.12 billion for the quarter, compared to analysts’ expectations of $2.66 billion. As a group, equities analysts expect that Kone Oyj will post 1.27 EPS for the current fiscal year.

Kone Oyj Company Profile

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.