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

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

KNYJY has been the topic of several analyst reports. Evercore raised shares of Kone Oyj to a “hold” rating in a report on Monday, April 13th. BNP Paribas Exane raised shares of Kone Oyj to a “strong sell” rating in a report on Tuesday, March 3rd.

Kone Oyj Price Performance

OTCMKTS KNYJY opened at $28.16 on Friday. The firm’s fifty day simple moving average is $30.62 and its two-hundred day simple moving average is $33.43. The company has a current ratio of 1.08, a quick ratio of 0.92 and a debt-to-equity ratio of 0.18. Kone Oyj has a 12-month low of $27.49 and a 12-month high of $38.29. The firm has a market capitalization of $25.52 billion, a P/E ratio of 25.83, a P/E/G ratio of 1.50 and a beta of 0.63.

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