DHL Group (OTCMKTS:DHLGY) Reaches New 1-Year High - Should You Buy?

Key Points

• DHL Group shares reached a new 52-week high, trading as high as $33.70 and closing the session up 1.9% at $33.48.
• Analyst sentiment is mixed: although some firms maintain Buy or Strong Buy ratings, recent downgrades have contributed to an overall “Hold” consensus.
• DHL reported a strong quarter, with EPS of $1.05 versus the $0.51 consensus estimate and revenue of $25.84 billion, exceeding expectations of $24.20 billion.

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $33.6985 and last traded at $33.48, with a volume of 9814 shares changing hands. The stock had previously closed at $32.77.

Analysts Set New Price Targets

DHLGY has been the subject of a number of recent research reports. Citigroup cut DHL Group from a "buy" rating to a "hold" rating in a research report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of DHL Group in a research note on Tuesday, September 15th. Kepler Capital Markets raised shares of DHL Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 2nd. Barclays reissued an "overweight" rating on shares of DHL Group in a research note on Tuesday, June 16th. Finally, Zacks Research cut shares of DHL Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold".

DHL Group Stock Up 1.9%

The firm has a market capitalization of $74.17 billion, a PE ratio of 11.69, a price-to-earnings-growth ratio of 1.58 and a beta of 1.19. The company has a current ratio of 1.03, a quick ratio of 0.98 and a debt-to-equity ratio of 1.04. The firm has a 50-day moving average of $32.30 and a two-hundred day moving average of $33.13.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $24.20 billion. On average, equities research analysts forecast that DHL Group Sponsored ADR will post 2.02 EPS for the current 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.