Short Interest in DHL Group Sponsored ADR (OTCMKTS:DHLGY) Drops By 58.2%

Key Points

• Short interest in DHL Group ADRs fell 58.2% to 16,475 shares as of August 14, representing approximately 0.0% of shares outstanding and a short-interest ratio of 0.1 days.
• Analyst sentiment is mixed but leans neutral: Deutsche Bank maintained a Buy rating, while Citigroup, Jefferies, and Zacks downgraded the stock to Hold; MarketBeat’s consensus rating is Hold.
• DHL Group reported quarterly earnings of $1.05 per share, beating estimates of $0.51, while revenue of $25.84 billion exceeded the $24.20 billion consensus forecast.

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 16,475 shares, a decrease of 58.2% from the July 30th total of 39,427 shares. Approximately 0.0% of the company's shares are short sold. Based on an average trading volume of 133,150 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DHLGY. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of DHL Group in a report on Wednesday, July 8th. Citigroup downgraded shares of DHL Group from a "buy" rating to a "hold" rating in a research report on Thursday, August 13th. Jefferies Financial Group lowered shares of DHL Group from a "buy" rating to a "hold" rating in a report on Tuesday, May 5th. Zacks Research cut shares of DHL Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Finally, Barclays reiterated an "overweight" rating on shares of DHL Group in a research note on Tuesday, June 16th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Hold".

DHL Group Trading Down 0.8%

Shares of DHLGY opened at $32.80 on Friday. The stock's 50-day moving average is $31.88 and its two-hundred day moving average is $36.30. The stock has a market cap of $72.84 billion, a PE ratio of 11.48, a P/E/G ratio of 1.65 and a beta of 1.20. DHL Group has a 12 month low of $21.77 and a 12 month high of $33.44. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.93.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.54. DHL Group had a return on equity of 16.98% and a net margin of 4.38%.The company had revenue of $25.84 billion during the quarter, compared to the consensus estimate of $24.20 billion. Equities analysts forecast that DHL Group will post 1.99 earnings per share for the current fiscal year.

About DHL Group

DHL Group OTCMKTS: DHLGY is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.

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