DHL Group (OTCMKTS:DHLGY) Shares Down 2.3% - Time to Sell?

Key Points

• The shares of DHL Group fell by 2.3%, trading as low as $46.98 during mid-day trading, which is significantly below the previous close of $48.19.
• Analyst ratings have varied, with UBS Group downgrading the stock to "strong sell" while HSBC Global Res upgraded it to "strong buy," resulting in an average rating of "Hold."
• Despite the stock's decline, DHL Group reported earnings of $0.82 per share, surpassing analysts' expectations of $0.72, with a revenue of $22.93 billion for the recent quarter.

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) shares fell 2.3% during mid-day trading on Thursday . The company traded as low as $46.98 and last traded at $47.10. 43,241 shares traded hands during trading, a decline of 82% from the average session volume of 243,506 shares. The stock had previously closed at $48.19.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DHLGY. UBS Group lowered shares of DHL Group from a "hold" rating to a "strong sell" rating in a research note on Tuesday, June 24th. Hsbc Global Res raised shares of DHL Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold".

DHL Group Trading Down 2.3%

The stock's 50 day moving average is $46.53 and its two-hundred day moving average is $43.65. The company has a market capitalization of $56.52 billion, a PE ratio of 14.54, a price-to-earnings-growth ratio of 1.74 and a beta of 1.23. The company has a quick ratio of 0.90, a current ratio of 0.95 and a debt-to-equity ratio of 0.78.

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

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