Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Stock Rated “Hold” by Wall Street Brokerages

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

KNYJY has been the topic of several recent research reports. Zacks Research upgraded shares of Kone Oyj from a “strong sell” rating to a “hold” rating in a research report on Monday, September 21st. Kepler Capital Markets raised shares of Kone Oyj from a “hold” rating to a “buy” rating in a research note on Tuesday, June 23rd.

Kone Oyj Trading Up 1.1%

OTCMKTS KNYJY opened at $29.41 on Monday. Kone Oyj has a 12 month low of $26.52 and a 12 month high of $38.29. The stock has a market capitalization of $26.65 billion, a P/E ratio of 27.74, a PEG ratio of 1.71 and a beta of 0.65. The firm’s 50-day moving average is $29.14 and its two-hundred day moving average is $30.01. 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 (OTCMKTS:KNYJY) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.05). Kone Oyj had a return on equity of 38.87% and a net margin of 8.33%.The business had revenue of $3.36 billion for the quarter, compared to analyst estimates of $3.38 billion. On average, sell-side analysts anticipate that Kone Oyj will post 1.2 earnings per share for the current year.

About Kone Oyj

Kone Oyj is a Finland-based company that develops, manufactures, sells and services elevators, escalators and automatic building doors. Its solutions are used in residential, commercial and public buildings to support the movement of people and goods, and include equipment, control systems, access solutions and related digital services.

The company also provides maintenance, modernization and replacement services for its own equipment and products from other manufacturers. These services are intended to improve the safety, reliability, energy efficiency and performance of elevators, escalators and building-access systems throughout their operating lives.

Founded in 1910, Kone has grown into an international provider serving customers across Europe, Asia-Pacific, the Middle East, Africa and the Americas.