Kion Group (KIGRY) – What Are Brokerages Saying About This Stock?

Shares of Kion Group (OTCMKTS:KIGRY) have earned an average rating of “Moderate Buy” from the eight analysts that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company.

Several analysts recently weighed in on the stock. Citigroup raised shares of Kion Group from a “neutral” rating to a “buy” rating in a report on Tuesday, September 8th. Zacks Research upgraded shares of Kion Group from a “strong sell” rating to a “hold” rating in a report on Friday, October 2nd. Morgan Stanley raised shares of Kion Group to an “overweight” rating in a research report on Tuesday, July 7th. Finally, Barclays reaffirmed an “overweight” rating on shares of Kion Group in a report on Monday, October 5th.

Kion Group Stock Down 4.1%

Kion Group stock opened at $9.17 on Monday. The company has a market capitalization of $4.81 billion, a PE ratio of 11.66 and a beta of 2.08. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.68 and a current ratio of 1.00. Kion Group has a fifty-two week low of $9.13 and a fifty-two week high of $20.54. The firm has a 50 day moving average price of $11.02 and a 200 day moving average price of $13.07.

Kion Group (OTCMKTS:KIGRY) last released its quarterly earnings results on Thursday, October 29th. The company reported $0.22 EPS for the quarter. The business had revenue of $3.26 billion during the quarter, compared to analyst estimates of $3.23 billion. Kion Group had a return on equity of 5.95% and a net margin of 3.19%. Research analysts expect that Kion Group will post 0.84 earnings per share for the current year.

About Kion Group

KION Group AG is a Germany-based provider of industrial trucks, warehouse equipment, and supply chain automation solutions. Its products and services support the movement, storage, and management of materials in warehouses, distribution centers, manufacturing facilities, and other logistics environments.

The company operates through two primary business areas: Industrial Trucks & Services and Supply Chain Solutions. Its industrial truck portfolio includes forklift trucks, warehouse equipment, and related services, while its supply chain solutions business provides automated systems, software, robotics, and integrated technologies for warehouse and distribution operations.