DHL Group Sponsored ADR (OTCMKTS:DHLGY) Stock Now Rated "Hold" by Sell-Side Analysts

Key Points

• DHL Group has a consensus “Hold” rating from nine analysts: six hold, two buy, and one strong buy. Recent actions included downgrades by Zacks Research and Citigroup, while Barclays and Deutsche Bank maintained positive ratings.
• DHLGY opened at $31.43, up 1.2%, with a market capitalization of $69.81 billion and a price-to-earnings ratio of 11.00. The stock has traded between $22.20 and $33.70 over the past year.
• DHL Group’s latest quarterly results exceeded expectations, with EPS of $1.05 versus a $0.51 estimate and revenue of $25.84 billion compared with the $24.20 billion consensus forecast.

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) has been assigned an average rating of "Hold" from the nine ratings firms that are presently covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company.

Several equities analysts have commented on the stock. Zacks Research downgraded shares of DHL Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th. Barclays reissued an "overweight" rating on shares of DHL Group in a research report on Tuesday, June 16th. Citigroup cut shares of DHL Group from a "buy" rating to a "hold" rating in a research note on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of DHL Group in a report on Tuesday, September 15th.

DHL Group Stock Up 1.2%

DHLGY stock opened at $31.43 on Friday. DHL Group has a 1-year low of $22.20 and a 1-year high of $33.70. The business's 50 day simple moving average is $32.14 and its 200 day simple moving average is $31.25. The company has a current ratio of 1.03, a quick ratio of 0.98 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $69.81 billion, a PE ratio of 11.00, a PEG ratio of 1.44 and a beta of 1.17.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.54. DHL Group had a return on equity of 16.44% and a net margin of 4.38%. The business had revenue of $25.84 billion during the quarter, compared to the consensus estimate of $24.20 billion. As a group, research analysts anticipate that DHL Group will post 2.01 EPS for the current year.

DHL Group Company Profile

DHL Group is a Germany-based logistics and postal services company headquartered in Bonn. Formerly known as Deutsche Post DHL Group, the company operates through a global network serving customers in more than 220 countries and territories. Its businesses support the movement, storage and delivery of documents, goods and parcels across international supply chains.

The company's principal operations include DHL Express, which provides time-definite international document and parcel delivery; Global Forwarding, Freight, which arranges air, ocean, road and rail transportation; and DHL Supply Chain, which offers contract logistics, warehousing and supply chain management services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.