Kuehne & Nagel International (OTCMKTS:KHNGY) Trading Down 7.3% - Here's Why

Key Points

• Shares fell 7.3% intraday to $43.81 on Tuesday with only 971 shares traded (down 91% from the average session volume), after a prior close of $47.24.
• Analyst sentiment is mixed: one Strong Buy, one Buy, two Hold and two Sell lead to a MarketBeat average rating of "Hold," with recent notable moves including an HSBC downgrade and a Goldman Sachs upgrade.
• The company beat EPS expectations ($0.53 vs. $0.44) but missed revenue ($7.15B vs. $7.58B); Kuehne & Nagel has a $26.87B market cap, P/E of 25.29, net margin 3.52% and ROE 40.73%.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report) fell 7.3% during mid-day trading on Tuesday . The company traded as low as $43.7502 and last traded at $43.81. 971 shares were traded during mid-day trading, a decline of 91% from the average session volume of 11,158 shares. The stock had previously closed at $47.24.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on KHNGY. HSBC downgraded shares of Kuehne & Nagel International from a "hold" rating to a "moderate sell" rating in a report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Kuehne & Nagel International in a report on Thursday, January 15th. The Goldman Sachs Group upgraded shares of Kuehne & Nagel International from a "strong sell" rating to a "buy" rating in a report on Wednesday, January 14th. Zacks Research upgraded shares of Kuehne & Nagel International from a "hold" rating to a "strong-buy" rating in a report on Friday. Finally, Barclays restated an "underweight" rating on shares of Kuehne & Nagel International in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Kuehne & Nagel International presently has an average rating of "Hold".

Kuehne & Nagel International Trading Up 1.9%

The business's 50-day moving average price is $45.63 and its 200 day moving average price is $43.56. The company has a market cap of $26.87 billion, a P/E ratio of 25.29, a P/E/G ratio of 3.75 and a beta of 0.77. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.97 and a current ratio of 0.97.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its quarterly earnings data on Friday, April 24th. The company reported $0.53 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.09. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 40.73%. The company had revenue of $7.15 billion during the quarter, compared to the consensus estimate of $7.58 billion. As a group, analysts expect 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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