Kuehne & Nagel International (OTCMKTS:KHNGY) Releases Earnings Results

Key Points

• Kuehne & Nagel International reported Q earnings of $0.53 per share, beating the $0.44 consensus by $0.09, with a return on equity of 38.68% and a net margin of 3.57%.
• Shares fell $1.65 to $47.36 on Friday on light volume, trading within a 1‑year range of $36.76–$49.60; the company has a market cap of about $28.6B and a trailing P/E of 26.76.
• Analyst coverage is mixed (one Buy, three Hold, two Sell), resulting in an average rating of Reduce.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) posted its quarterly earnings results on Friday. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.44 by $0.09, Zacks reports. Kuehne & Nagel International had a return on equity of 38.68% and a net margin of 3.57%.

Kuehne & Nagel International Stock Performance

KHNGY traded down $1.65 during trading hours on Friday, hitting $47.36. The stock had a trading volume of 1,156 shares, compared to its average volume of 11,509. The company's fifty day simple moving average is $45.38 and its 200 day simple moving average is $43.14. Kuehne & Nagel International has a 1 year low of $36.76 and a 1 year high of $49.60. The stock has a market cap of $28.59 billion, a PE ratio of 26.76, a price-to-earnings-growth ratio of 4.20 and a beta of 0.81. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.40.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on KHNGY shares. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Kuehne & Nagel International in a report on Thursday, January 15th. HSBC cut Kuehne & Nagel International from a "hold" rating to a "moderate sell" rating in a report on Wednesday, March 4th. The Goldman Sachs Group upgraded Kuehne & Nagel International from a "strong sell" rating to a "buy" rating in a report on Wednesday, January 14th. Citigroup restated a "sell" rating on shares of Kuehne & Nagel International in a research note on Tuesday, February 10th. Finally, Barclays restated an "underweight" rating on shares of Kuehne & Nagel International in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Reduce".

About Kuehne & Nagel International

Kuehne & Nagel International is a global logistics company that provides a wide range of transportation and supply chain services. Its core activities include sea freight and airfreight forwarding, contract logistics and warehousing, as well as overland (road and rail) transportation. The company also offers integrated supply chain management, customs brokerage and value-added services that support complex logistics requirements for shippers and manufacturers.

Founded in 1890 by August Kühne and Friedrich Nagel, Kuehne & Nagel has grown into a multinational logistics provider with a long history in freight forwarding and transport services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.