XTRA:KGXMachinery
KION Group (XTRA:KGX) Stock Looks Cheap As Margins Rebuild
KION GROUP stock has sagged over the past quarter, with the share price down about 12% over 90 days, yet Q2 landed with a cleaner story than the chart suggests. The stock closed at €38.93 on 31 July while earnings per share for the quarter came in at about €0.86 on revenue of €2.92b. The key focus is margin resilience and earnings recovery, which feed into a trailing P/E of 13.2x that sits well below both the German machinery industry and peer averages. Short term sentiment looks tired, but...