DHL Group (OTCMKTS:DHLGY) Downgraded to "Hold" Rating by Zacks Research

Key Points

• Zacks Research downgraded DHL Group from “strong buy” to “hold,” aligning with the current MarketBeat consensus rating. Six analysts rate the stock a hold, while three rate it buy or strong buy.
• DHLGY shares opened at $33.05, near their 52-week high of $33.44, with a market capitalization of approximately $73.4 billion and a price-to-earnings ratio of 11.57.
• DHL Group’s latest quarterly results exceeded expectations, reporting $1.05 in EPS versus the $0.51 consensus estimate and revenue of $25.84 billion compared with forecasts of $24.20 billion.

DHL Group (OTCMKTS:DHLGY - Get Free Report) was downgraded by equities researchers at Zacks Research from a "strong-buy" rating to a "hold" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other equities analysts have also issued reports on DHLGY. Citigroup lowered shares of DHL Group from a "buy" rating to a "hold" rating in a research report on Thursday, August 13th. Barclays reaffirmed an "overweight" rating on shares of DHL Group in a research note on Tuesday, June 16th. Kepler Capital Markets upgraded shares of DHL Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of DHL Group in a research note on Wednesday, July 8th. Finally, Jefferies Financial Group cut DHL Group from a "buy" rating to a "hold" rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold".

DHL Group Trading Down 0.3%

Shares of DHLGY stock opened at $33.05 on Tuesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98. DHL Group has a 1 year low of $21.77 and a 1 year high of $33.44. The stock has a fifty day moving average of $31.81 and a two-hundred day moving average of $36.48. The firm has a market capitalization of $73.40 billion, a PE ratio of 11.57, a price-to-earnings-growth ratio of 1.66 and a beta of 1.20.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.54. DHL Group had a return on equity of 16.98% and a net margin of 4.38%.The company had revenue of $25.84 billion during the quarter, compared to analysts' expectations of $24.20 billion. As a group, research analysts expect that DHL Group will post 1.99 EPS for the current year.

DHL Group Company Profile

DHL Group OTCMKTS: DHLGY is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.

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