DHL Group Sponsored ADR (OTCMKTS:DHLGY) Sees Significant Increase in Short Interest

Key Points

• Short interest in DHL Group surged 362.7% to 79,639 shares as of September 15, up from 17,210 shares at the end of August. Despite the increase, short interest represents 0.0% of shares outstanding, with a 0.4-day short-interest ratio.
• Analyst sentiment is mixed but averages a “Hold” rating: Deutsche Bank and Kepler Capital Markets maintained or upgraded the stock, while Zacks Research and Citigroup downgraded it.
• DHL Group reported quarterly EPS of $1.05, exceeding the $0.51 consensus estimate, while revenue of $25.84 billion also topped expectations. Shares recently traded at $32.76, near their 52-week high of $33.70.

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 79,639 shares, a growth of 362.7% from the August 31st total of 17,210 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily volume of 196,998 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Zacks Research lowered DHL Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 25th. Barclays reiterated an "overweight" rating on shares of DHL Group in a research note on Tuesday, June 16th. Kepler Capital Markets upgraded shares of DHL Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of DHL Group in a research report on Tuesday, September 15th. Finally, Citigroup cut shares of DHL Group from a "buy" rating to a "hold" rating in a report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold".

DHL Group Stock Performance

Shares of DHLGY stock traded up $0.59 during trading hours on Friday, hitting $32.76. 42,569 shares of the company were exchanged, compared to its average volume of 464,795. The firm has a fifty day simple moving average of $32.31 and a 200 day simple moving average of $32.68. The company has a current ratio of 1.03, a quick ratio of 0.98 and a debt-to-equity ratio of 1.04. DHL Group has a 52-week low of $22.09 and a 52-week high of $33.70. The stock has a market capitalization of $72.76 billion, a price-to-earnings ratio of 11.47, a P/E/G ratio of 1.58 and a beta of 1.19.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.05 EPS for the quarter, beating the consensus estimate of $0.51 by $0.54. DHL Group had a return on equity of 16.44% and a net margin of 4.38%.The business had revenue of $25.84 billion for the quarter, compared to the consensus estimate of $24.20 billion. Research analysts predict that DHL Group will post 2.02 earnings per share for the current fiscal year.

DHL Group Company Profile

DHL Group is a global logistics and postal services company headquartered in Bonn, Germany. The group provides international express delivery, freight transportation, contract logistics, supply chain management, e-commerce logistics and domestic mail and parcel services.

Its principal business divisions include DHL Express, DHL Global Forwarding and Freight, DHL Supply Chain, DHL eCommerce and the Post & Parcel Germany division. Services range from time-definite document and parcel delivery to air, ocean and road freight forwarding, warehousing, fulfillment, customs support and logistics solutions tailored to business customers.

The company traces its roots to Deutsche Bundespost's postal operations and became a privatized company, Deutsche Post AG, in the 1990s.

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