Kuehne & Nagel International (OTCMKTS:KHNGY) Sets New 12-Month High - What's Next?

Key Points

• Kuehne & Nagel International hit a new 52-week high, trading as high as $52.27 and ending the session up about 2.5%.
• Analyst sentiment is mixed, with recent moves including a Jefferies upgrade to Buy and other firms reiterating Hold or Sell ratings; the consensus rating remains Hold.
• The company recently beat quarterly EPS estimates at $0.53 versus $0.44 expected, though revenue came in below forecasts at $7.15 billion.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The stock traded as high as $52.27 and last traded at $52.27, with a volume of 200 shares trading hands. The stock had previously closed at $50.84.

Get KHNGY SMS alerts:

Sign Up

Wall Street Analyst Weigh In

Several research firms recently commented on KHNGY. Jefferies Financial Group upgraded shares of Kuehne & Nagel International from a "hold" rating to a "buy" rating in a research report on Tuesday, May 5th. Zacks Research downgraded shares of Kuehne & Nagel International from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Kuehne & Nagel International in a research note on Friday, May 22nd. Finally, Citigroup restated a "sell" rating on shares of Kuehne & Nagel International in a research report on Wednesday, April 29th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold".

Kuehne & Nagel International Stock Up 2.5%

The business has a fifty day simple moving average of $47.04 and a 200 day simple moving average of $46.07. The firm has a market cap of $31.46 billion, a price-to-earnings ratio of 29.60, a PEG ratio of 3.97 and a beta of 0.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.03.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last issued its quarterly earnings results on Friday, April 24th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.44 by $0.09. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%.The firm had revenue of $7.15 billion for the quarter, compared to analyst estimates of $7.58 billion. As a group, equities analysts forecast that Kuehne & Nagel International Ag will post 2.14 EPS for the current fiscal year.

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.