DHL Group (OTCMKTS:DHLGY) Sees Strong Trading Volume - Here's What Happened

Key Points

• Unusually-strong trading volume: About 1,138,134 shares traded on Tuesday (up 44% from the prior session) and the stock last traded at $25.94, roughly a 1.9% intraday gain.
• Quarterly results mixed: DHL reported EPS of $1.05, missing estimates by $0.10, but revenue of $25.72 billion beat expectations of $22.51 billion; analysts project about 3.01 EPS for the current year.
• Analyst consensus leans positive: Ratings are mixed (two Strong Buy, one Buy, six Hold) resulting in a MarketBeat consensus of a "Moderate Buy."

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 1,138,134 shares were traded during trading, an increase of 44% from the previous session's volume of 787,689 shares.The stock last traded at $25.94 and had previously closed at $25.33.

Wall Street Analyst Weigh In

Several analysts recently issued reports on DHLGY shares. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of DHL Group in a report on Thursday, December 4th. The Goldman Sachs Group cut shares of DHL Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 14th. Finally, Barclays raised shares of DHL Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 6th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, DHL Group has a consensus rating of "Moderate Buy".

DHL Group Stock Up 1.9%

The company has a market capitalization of $28.89 billion, a PE ratio of 7.44, a PEG ratio of 1.50 and a beta of 1.21. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 0.93. The business has a fifty day moving average of $54.94 and a 200 day moving average of $51.72.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last issued its quarterly earnings results on Thursday, March 5th. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.15 by ($0.10). DHL Group had a return on equity of 15.88% and a net margin of 4.24%.The business had revenue of $25.72 billion for the quarter, compared to analysts' expectations of $22.51 billion. Equities research analysts anticipate that DHL Group Sponsored ADR will post 3.01 EPS for the current year.

About DHL Group

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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