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

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

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

Kion Group Trading Down 0.6%

KIGRY opened at $12.44 on Friday. Kion Group has a one year low of $10.26 and a one year high of $20.54. The company has a market cap of $6.52 billion, a P/E ratio of 14.64 and a beta of 2.07. 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 business’s 50-day simple moving average is $12.00 and its 200-day simple moving average is $12.69.

Kion Group (OTCMKTS:KIGRY) last posted its earnings results on Thursday, July 30th. The company reported $0.25 earnings per share 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%. As a group, equities research analysts expect that Kion Group will post 0.95 EPS for the current fiscal 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.