Kion Group (OTCMKTS:KIGRY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Kion Group (OTCMKTS:KIGRY) have been given an average rating of “Moderate Buy” by the seven analysts that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company.

Several research firms have recently commented on KIGRY. Morgan Stanley raised shares of Kion Group to an “overweight” rating in a report on Tuesday, July 7th. Zacks Research lowered shares of Kion Group from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. DZ Bank raised Kion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 19th. Finally, Citigroup upgraded Kion Group from a “neutral” rating to a “buy” rating in a research note on Tuesday.

Kion Group Stock Down 6.0%

Kion Group stock opened at $12.52 on Friday. The business’s 50-day simple moving average is $11.99 and its two-hundred day simple moving average is $12.69. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.68 and a current ratio of 1.00. The company has a market cap of $6.57 billion, a PE ratio of 14.73 and a beta of 2.07. Kion Group has a fifty-two week low of $10.26 and a fifty-two week high of $20.54.

Kion Group (OTCMKTS:KIGRY) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.25 earnings per share (EPS) for the quarter. The firm had revenue of $3.39 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Kion Group had a return on equity of 6.26% and a net margin of 3.36%. Equities analysts anticipate that Kion Group will post 0.95 EPS for the current year.

Kion Group Company Profile

KION Group AG is a Germany-based provider of industrial trucks, warehouse equipment and supply chain solutions. The company develops and supplies forklifts, warehouse trucks and related material-handling equipment, along with fleet-management technologies, replacement parts, maintenance, leasing and other lifecycle services.

KION also provides automated supply chain and warehouse solutions through its Dematic business. These offerings include automated storage and retrieval systems, conveyors, sortation equipment, robotics, warehouse-management software and integrated systems designed to help distribution centers and manufacturing facilities manage the movement of goods.

The company serves customers across manufacturing, retail, wholesale, logistics and other industries in markets around the world.