DHL Group (OTCMKTS:DHLGY) Reaches New 1-Year High - Still a Buy?

Key Points

• DHL Group's stock reached a new 52-week high of $49.02 during trading, with a volume of 25,273 shares, indicating positive market sentiment.
• Equities analysts have mixed ratings on the stock, with one strong buy, one hold, and two sell ratings, resulting in a consensus rating of "Hold."
• The company reported a quarterly earnings per share of $0.82, exceeding expectations and contributing to a revenue of $22.93 billion for the period.

Shares of DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $49.02 and last traded at $49.02, with a volume of 25273 shares. The stock had previously closed at $47.75.

Wall Street Analysts Forecast Growth

DHLGY has been the subject of a number of analyst reports. UBS Group lowered DHL Group from a "hold" rating to a "strong sell" rating in a research note on Tuesday, June 24th. Hsbc Global Res upgraded DHL Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, DHL Group presently has a consensus rating of "Hold".

DHL Group Trading Down 0.2%

The stock has a market cap of $56.39 billion, a PE ratio of 14.50, a price-to-earnings-growth ratio of 1.70 and a beta of 1.23. The stock has a 50-day moving average price of $46.53 and a two-hundred day moving average price of $43.78. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.95 and a quick ratio of 0.90.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.10. DHL Group had a return on equity of 14.68% and a net margin of 4.11%.The firm had revenue of $22.93 billion during the quarter, compared to analyst estimates of $21.16 billion. Sell-side analysts forecast that DHL Group Sponsored ADR will post 3.01 earnings per share for the current fiscal year.

DHL Group Company Profile

Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.