Kone Oyj Unsponsored ADR (KNYJY) – What Are Researchers Saying About This Stock?

Shares of Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) have earned a consensus rating of “Hold” from the eight analysts that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company.

Separately, Zacks Research raised shares of Kone Oyj from a “strong sell” rating to a “hold” rating in a report on Monday, September 21st.

Kone Oyj Price Performance

OTCMKTS:KNYJY opened at $31.27 on Friday. The company has a 50 day moving average price of $29.57 and a 200-day moving average price of $29.69. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.99 and a quick ratio of 0.83. Kone Oyj has a 1-year low of $26.52 and a 1-year high of $38.29. The firm has a market cap of $28.35 billion, a price-to-earnings ratio of 29.50, a price-to-earnings-growth ratio of 1.97 and a beta of 0.59.

Kone Oyj (OTCMKTS:KNYJY) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). The business had revenue of $3.36 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Kone Oyj had a net margin of 8.33% and a return on equity of 38.87%. Equities research analysts forecast that Kone Oyj will post 1.19 EPS for the current year.

Kone Oyj Company Profile

KONE Oyj is a Finland-based company that designs, manufactures, installs, modernizes and maintains elevators, escalators and automatic building doors. Its solutions are used in residential, commercial, infrastructure and public buildings, with a focus on improving the movement of people within buildings and urban environments.

The company provides new equipment as well as maintenance and modernization services for existing installations. Its offerings also include digital and connected solutions intended to support equipment monitoring, predictive maintenance, access management and smoother passenger flows.

Founded in 1910, KONE is headquartered in Espoo, Finland, and serves customers internationally across Europe, the Middle East and Africa, the Americas, and the Asia-Pacific region, including Greater China.