Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Kuehne & Nagel International has a consensus “Hold” rating from six analysts: two rate it a sell, two a hold and two a buy. Recent coverage includes sell/underweight ratings from Citigroup and Barclays, while Zacks Research downgraded the stock from strong buy to hold.
• The company exceeded quarterly expectations, reporting $0.57 in earnings per share versus the $0.55 consensus estimate and revenue of $8.22 billion compared with expectations of $7.58 billion.
• Shares opened at $52.34, near their one-year high of $55.13, with a $31.60 billion market capitalization and a P/E ratio of 28.45. Analysts expect full-year earnings of approximately $2.15 per share.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report) has been given a consensus rating of "Hold" by the six analysts that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company.

KHNGY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Barclays reaffirmed an "underweight" rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Zacks Research lowered shares of Kuehne & Nagel International from a "strong-buy" rating to a "hold" rating in a report on Tuesday, June 16th. Finally, Citigroup restated a "sell" rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th.

Kuehne & Nagel International Stock Performance

Shares of OTCMKTS:KHNGY opened at $52.34 on Monday. The business's 50-day simple moving average is $51.82 and its 200 day simple moving average is $48.26. The company has a market cap of $31.60 billion, a P/E ratio of 28.45, a PEG ratio of 3.51 and a beta of 0.74. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.97 and a current ratio of 0.97. Kuehne & Nagel International has a one year low of $36.76 and a one year high of $55.13.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.57 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.02. The firm had revenue of $8.22 billion during the quarter, compared to analysts' expectations of $7.58 billion. Kuehne & Nagel International had a return on equity of 39.21% and a net margin of 3.57%. On average, sell-side analysts forecast that Kuehne & Nagel International will post 2.15 earnings per share for the current fiscal year.

Kuehne & Nagel International Company Profile

Kuehne+Nagel International AG is a Switzerland-based global logistics and freight-forwarding company. It provides transportation and supply-chain solutions for businesses across a range of industries, helping customers move, store and manage goods through international logistics networks.

The company's principal services include sea freight, air freight, road logistics and contract logistics. It also offers warehousing and distribution, customs clearance, supply-chain management, project logistics and technology-enabled shipment visibility.

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