Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Gap Down - What's Next?

Key Points

• Shares gapped down: The stock opened at $45.10 versus a prior close of $47.24 (the article notes a 7.3% drop) with only 509 shares trading when last reported.
• Analyst sentiment is mixed but negative on balance: One analyst rates the stock Buy, three Hold and two Sell, leaving a consensus rating of "Reduce"; notable moves include Goldman Sachs upgrading to Buy while HSBC cut to Moderate Sell.
• Earnings mixed: The company beat EPS estimates ($0.53 vs. $0.44) but missed revenue ($7.15B vs. $7.58B); market cap is $26.43B with a PE of 24.87, net margin 3.52% and ROE 40.73%.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $47.24, but opened at $45.10. Kuehne & Nagel International shares last traded at $45.10, with a volume of 509 shares changing hands.

Analyst Ratings Changes

KHNGY has been the subject of a number of analyst reports. Citigroup reissued a "sell" rating on shares of Kuehne & Nagel International in a research report on Wednesday. Barclays reaffirmed an "underweight" rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th. HSBC lowered shares of Kuehne & Nagel International from a "hold" rating to a "moderate sell" rating in a research report on Wednesday, March 4th. Finally, The Goldman Sachs Group upgraded shares of Kuehne & Nagel International from a "strong sell" rating to a "buy" rating in a research note on Wednesday, January 14th. 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 company's stock. According to MarketBeat.com, Kuehne & Nagel International presently has a consensus rating of "Reduce".

Kuehne & Nagel International Stock Down 7.3%

The firm has a market capitalization of $26.43 billion, a PE ratio of 24.87, a P/E/G ratio of 3.75 and a beta of 0.77. The firm's 50 day moving average price is $45.63 and its two-hundred day moving average price is $43.56. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.40.

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