DHL Group (OTCMKTS:DHLGY) Shares Gap Down - Should You Sell?

Key Points

• DHL Group shares gapped down from a prior close of $32.13 to open at $30.30, later trading near $31.96 on relatively light volume.
• Analyst sentiment is mixed but leans cautious: Citigroup and Zacks Research downgraded the stock to “Hold,” while the broader analyst consensus remains “Hold” with one Strong Buy, two Buys, and six Holds.
• DHL Group exceeded quarterly expectations, reporting $1.05 EPS versus a $0.51 estimate and revenue of $25.84 billion versus $24.20 billion expected; analysts forecast full-year EPS of $2.02.

DHL Group Sponsored ADR (OTCMKTS:DHLGY - Get Free Report)'s share price gapped down prior to trading on Friday. The stock had previously closed at $32.13, but opened at $30.30. DHL Group shares last traded at $31.96, with a volume of 6,949 shares changing hands.

Wall Street Analyst Weigh In

DHLGY has been the subject of a number of analyst reports. Citigroup downgraded shares of DHL Group from a "buy" rating to a "hold" rating in a report on Thursday, August 13th. Zacks Research cut shares of DHL Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 25th. Barclays reissued an "overweight" rating on shares of DHL Group in a research report on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of DHL Group in a research note on Tuesday, September 15th. One investment 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. Based on data from MarketBeat.com, the stock has an average rating of "Hold".

DHL Group Stock Performance

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 fifty day simple moving average of $32.30 and a 200-day simple moving average of $31.94. The company has a market capitalization of $70.76 billion, a P/E ratio of 11.15, a PEG ratio of 1.51 and a beta of 1.17.

DHL Group (OTCMKTS:DHLGY - Get Free Report) last posted 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. The business had revenue of $25.84 billion for the quarter, compared to analyst estimates of $24.20 billion. DHL Group had a net margin of 4.38% and a return on equity of 16.44%. Equities analysts forecast that DHL Group Sponsored ADR will post 2.02 EPS for the current year.

DHL Group Company Profile

DHL Group is a Germany-based logistics and postal services company headquartered in Bonn. Formerly known as Deutsche Post DHL Group, the company operates through a global network serving customers in more than 220 countries and territories. Its businesses support the movement, storage and delivery of documents, goods and parcels across international supply chains.

The company's principal operations include DHL Express, which provides time-definite international document and parcel delivery; Global Forwarding, Freight, which arranges air, ocean, road and rail transportation; and DHL Supply Chain, which offers contract logistics, warehousing and supply chain management services.

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