Kion Group (KIGRY) – What Are Analysts Thinking About This Stock?

Kion Group (OTCMKTS:KIGRY) has received an average recommendation of “Moderate Buy” from the eight brokerages that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company.

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

Kion Group Stock Performance

KIGRY opened at $9.17 on Monday. The stock has a market cap of $4.81 billion, a P/E ratio of 11.18 and a beta of 2.08. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.00 and a quick ratio of 0.68. The stock’s 50 day simple moving average is $11.02 and its 200 day simple moving average is $13.07. Kion Group has a 1-year low of $9.13 and a 1-year high of $20.54.

Kion Group (OTCMKTS:KIGRY) last issued its quarterly earnings data on Thursday, October 29th. The company reported $0.22 earnings per share (EPS) for the quarter. The firm had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.23 billion. Kion Group had a return on equity of 5.95% and a net margin of 3.19%. As a group, equities analysts anticipate that Kion Group will post 0.84 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 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.