Kuehne & Nagel International (OTCMKTS:KHNGY) Sets New 52-Week High - Should You Buy?

Key Points

• Kuehne & Nagel International shares reached a new 52-week high of $52.94, up about 0.8%, although trading volume was only 349 shares.
• Analyst sentiment is mixed, with two Buy, three Hold and two Sell ratings; MarketBeat’s overall consensus rating is Hold.
• The company exceeded quarterly expectations, reporting EPS of $0.57 versus a $0.55 estimate and revenue of $8.22 billion versus $7.58 billion expected.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report)'s stock price reached a new 52-week high on Monday . The stock traded as high as $52.94 and last traded at $52.94, with a volume of 349 shares changing hands. The stock had previously closed at $51.7190.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Zacks Research cut shares of Kuehne & Nagel International from a "strong-buy" rating to a "hold" rating in a report on Tuesday, June 16th. Citigroup reiterated a "sell" rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Barclays reissued an "underweight" rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Finally, Jefferies Financial Group upgraded Kuehne & Nagel International from a "hold" rating to a "buy" rating in a research note on Tuesday, May 5th. 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. Based on data from MarketBeat, the company presently has an average rating of "Hold".

Kuehne & Nagel International Stock Up 0.8%

The firm has a market cap of $31.70 billion, a P/E ratio of 28.53, a P/E/G ratio of 3.50 and a beta of 0.75. The firm's fifty day moving average is $49.52 and its 200 day moving average is $47.06. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.97 and a current ratio of 0.97.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.02. The company had revenue of $8.22 billion during the quarter, compared to analysts' expectations of $7.58 billion. Kuehne & Nagel International had a return on equity of 39.21% and a net margin of 3.57%. As a group, equities research analysts anticipate that Kuehne & Nagel International Ag will post 2.15 earnings per share 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.

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