Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Given Average Recommendation of "Hold" by Analysts

Key Points

• Analyst consensus is “Hold”: Seven firms cover Kuehne & Nagel International, with two sell ratings, three holds and two buys. Recent actions included a Jefferies upgrade to buy and Zacks Research’s downgrade to hold.
• Quarterly results exceeded expectations: The company reported earnings of $0.57 per share versus a $0.55 consensus estimate, while revenue of $8.22 billion surpassed the $7.58 billion forecast.
• Shares trade near their 52-week high: KHNGY opened at $54.78, compared with a 52-week range of $36.76 to $55.13, and has a market capitalization of approximately $33.07 billion.

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report) have received an average rating of "Hold" from the seven research firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company.

Several analysts have issued reports on the company. Citigroup restated a "sell" rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Barclays restated an "underweight" rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Jefferies Financial Group raised Kuehne & Nagel International from a "hold" rating to a "buy" rating in a report on Tuesday, May 5th. Finally, Zacks Research cut shares of Kuehne & Nagel International from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, June 16th.

Kuehne & Nagel International Stock Down 0.6%

Kuehne & Nagel International stock opened at $54.78 on Thursday. The firm has a market capitalization of $33.07 billion, a PE ratio of 29.77, a P/E/G ratio of 3.70 and a beta of 0.75. The company's 50-day moving average is $50.45 and its 200-day moving average is $47.46. Kuehne & Nagel International has a fifty-two week low of $36.76 and a fifty-two week high of $55.13. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.97 and a quick ratio of 0.97.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last issued its earnings results on Thursday, July 23rd. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.02. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%. The business had revenue of $8.22 billion during the quarter, compared to the consensus estimate of $7.58 billion. Sell-side analysts anticipate that Kuehne & Nagel International will post 2.15 earnings per share for the current year.

About Kuehne & Nagel International

Kuehne & Nagel International is a global logistics company that provides a wide range of transportation and supply chain services. Its core activities include sea freight and airfreight forwarding, contract logistics and warehousing, as well as overland (road and rail) transportation. The company also offers integrated supply chain management, customs brokerage and value-added services that support complex logistics requirements for shippers and manufacturers.

Founded in 1890 by August Kühne and Friedrich Nagel, Kuehne & Nagel has grown into a multinational logistics provider with a long history in freight forwarding and transport services.

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