DHL Group Sponsored ADR (OTCMKTS:DHLGY) Sees Significant Decrease in Short Interest

Key Points

• Short interest in DHL Group fell 51.2% to 39,427 shares as of July 31, from 80,818 shares on July 15. Short interest now represents 0.0% of shares outstanding, with a short-interest ratio of 0.1 days.
• DHLGY traded at $31.96, giving the company a $71.54 billion market capitalization. The stock’s 12-month range is $21.77 to $33.44.
• DHL Group reported quarterly EPS of $1.05, beating the $0.51 consensus estimate, while revenue of $25.84 billion exceeded expectations of $24.20 billion. Analysts maintain a “Moderate Buy” consensus, though Citigroup recently downgraded the shares to “Hold.”

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 39,427 shares, a drop of 51.2% from the July 15th total of 80,818 shares. Based on an average trading volume of 429,885 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

DHL Group Price Performance

DHLGY stock traded down $0.10 during mid-day trading on Friday, hitting $31.96. The company had a trading volume of 71,234 shares, compared to its average volume of 184,725. The company has a market capitalization of $71.54 billion, a price-to-earnings ratio of 11.19, a P/E/G ratio of 1.60 and a beta of 1.20. DHL Group has a 12-month low of $21.77 and a 12-month high of $33.44. The company has a quick ratio of 0.93, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The company has a 50-day moving average price of $31.41 and a 200 day moving average price of $37.98.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.51 by $0.54. The business had revenue of $25.84 billion during the quarter, compared to the consensus estimate of $24.20 billion. DHL Group had a net margin of 4.38% and a return on equity of 16.98%. On average, research analysts anticipate that DHL Group will post 1.99 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Citigroup lowered shares of DHL Group from a "buy" rating to a "hold" rating in a research report on Thursday. Kepler Capital Markets upgraded shares of DHL Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of DHL Group in a research note on Wednesday, July 8th. Barclays reaffirmed an "overweight" rating on shares of DHL Group in a report on Tuesday, June 16th. Finally, Zacks Research upgraded DHL Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 27th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy".

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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