Kuehne & Nagel International (OTCMKTS:KHNGY) Sees Large Volume Increase - Still a Buy?

Key Points

• Trading surge: Volume jumped to 18,055 shares (up 58% from the prior session) and the stock last traded at $45.89, about a 1.5% intraday gain.
• Mixed analyst views: Several firms (Zacks, Goldman Sachs, Jefferies) have upgraded the stock while others (Citigroup, Deutsche Bank) remain cautious, leaving MarketBeat's average rating at Hold.
• Fundamentals and results: Q1 EPS beat at $0.53 vs $0.44 estimate but revenue missed ($7.15B vs $7.58B); market cap ≈ $27.6B, P/E ~26, ROE 40.7%, net margin 3.5%.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 18,055 shares changed hands during trading, an increase of 58% from the previous session's volume of 11,435 shares.The stock last traded at $45.89 and had previously closed at $45.06.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on KHNGY shares. Zacks Research upgraded Kuehne & Nagel International from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 1st. The Goldman Sachs Group raised shares of Kuehne & Nagel International from a "strong sell" rating to a "buy" rating in a report on Wednesday, January 14th. Citigroup reiterated a "sell" rating on shares of Kuehne & Nagel International in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th. Finally, Jefferies Financial Group upgraded shares of Kuehne & Nagel International from a "hold" rating to a "buy" rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Kuehne & Nagel International currently has an average rating of "Hold".

Kuehne & Nagel International Stock Up 1.5%

The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market cap of $27.62 billion, a price-to-earnings ratio of 25.99, a price-to-earnings-growth ratio of 3.46 and a beta of 0.77. The firm has a 50-day moving average price of $45.61 and a two-hundred day moving average price of $43.61.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its quarterly earnings results on Friday, April 24th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.09. The firm had revenue of $7.15 billion during the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a return on equity of 40.73% and a net margin of 3.52%. On average, sell-side analysts forecast that Kuehne & Nagel International Ag will post 2.14 earnings per share for the current year.

Kuehne & Nagel International Company Profile

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.

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