FY2018 EPS Estimates for KION Grp AG/ADR Decreased by Jefferies Financial Group (KIGRY)

KION Grp AG/ADR (OTCMKTS:KIGRY) – Stock analysts at Jefferies Financial Group cut their FY2018 EPS estimates for KION Grp AG/ADR in a report released on Wednesday, October 17th, according to Zacks Investment Research. Jefferies Financial Group analyst O. Vaziri now anticipates that the company will earn $1.27 per share for the year, down from their previous estimate of $1.28. Jefferies Financial Group also issued estimates for KION Grp AG/ADR’s FY2019 earnings at $1.41 EPS and FY2020 earnings at $1.52 EPS.

Several other brokerages also recently commented on KIGRY. ValuEngine raised shares of KION Grp AG/ADR from a “sell” rating to a “hold” rating in a report on Wednesday, July 25th. Zacks Investment Research raised shares of KION Grp AG/ADR from a “sell” rating to a “hold” rating in a report on Tuesday. Finally, UBS Group raised shares of KION Grp AG/ADR from a “neutral” rating to a “buy” rating in a report on Tuesday, October 16th.

OTCMKTS:KIGRY traded down $0.35 during trading hours on Thursday, hitting $14.66. The stock had a trading volume of 3,166 shares, compared to its average volume of 6,446. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.81 and a quick ratio of 0.53. KION Grp AG/ADR has a one year low of $11.66 and a one year high of $24.13. The company has a market cap of $6.40 billion, a price-to-earnings ratio of 13.96, a PEG ratio of 1.28 and a beta of 0.28.

About KION Grp AG/ADR

KION GROUP AG provides supply chain solutions worldwide. The company operates through Industrial Trucks and Services, and Supply Chain Solutions segments. It develops, manufactures, and sells forklifts and warehouse trucks, such as counterbalance trucks with electric drive and IC engine, ride-on and hand-operated industrial trucks, towing vehicles, and automated trucks and autonomous trucks under the Linde, Fenwick, STILL, OM STILL, Baoli, and OM Voltas brands.

Further Reading: Growth Stocks

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