DHL Group (OTCMKTS:DHLGY) Reaches New 1-Year High - Here's Why

Key Points

• DHL Group hit a new 52-week high, trading as high as $33.99 after closing the prior session at $32.85.
• The company reported quarterly earnings of $1.05 per share, beating the $0.51 consensus estimate, while revenue of $25.84 billion also exceeded expectations.
• Analysts give DHL Group an average “Moderate Buy” rating, though opinions vary: one Strong Buy, three Buys, and six Holds.

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report) hit a new 52-week high during trading on Wednesday. The company traded as high as $33.9899 and last traded at $33.9250, with a volume of 19,822 shares traded. The stock had previously closed at $32.85.

Wall Street Analyst Weigh In

DHLGY has been the subject of a number of analyst reports. Zacks Research lowered DHL Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of DHL Group in a research note on Tuesday, September 15th. Royal Bank Of Canada assumed coverage on shares of DHL Group in a research note on Thursday, October 15th. They issued a "moderate buy" rating for the company. Finally, Citigroup reaffirmed a "neutral" rating on shares of DHL Group in a research report on Wednesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy".

DHL Group Stock Up 3.5%

The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 1.04. The stock has a 50 day moving average of $32.21 and a 200 day moving average of $36.94. The firm has a market capitalization of $75.51 billion, a price-to-earnings ratio of 11.90, a P/E/G ratio of 1.53 and a beta of 1.21.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.54. The firm had revenue of $25.84 billion for the quarter, compared to the consensus estimate of $24.20 billion. DHL Group had a net margin of 4.38% and a return on equity of 16.44%. As a group, analysts expect that DHL Group Sponsored ADR will post 2.03 earnings per share for the current fiscal year.

DHL Group Company Profile

DHL Group, formerly Deutsche Post DHL Group, is a Germany-based logistics and postal services company headquartered in Bonn. It provides international express delivery, freight transportation, contract logistics, supply chain management, and e-commerce fulfillment services for businesses and consumers.

The company operates through several business divisions, including DHL Express, DHL Global Forwarding, Freight, DHL Supply Chain, DHL eCommerce, and the Post & Parcel Germany business.

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