Kuehne & Nagel International (OTCMKTS:KHNGY) Hits New 52-Week High - Should You Buy?

Key Points

• Kuehne & Nagel shares hit a new 52-week high of $56.00, up 7.0%, giving the company a market capitalization of approximately $33.81 billion.
• The company exceeded quarterly expectations, reporting earnings per share of $0.57 versus the $0.55 consensus and revenue of $8.22 billion compared with forecasts of $7.58 billion.
• Analyst sentiment remains mixed, with two Buy, two Hold and two Sell ratings; MarketBeat calculates an overall rating of Hold.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $56.00 and last traded at $56.00, with a volume of 509 shares trading hands. The stock had previously closed at $52.3425.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Zacks Research cut shares of Kuehne & Nagel International from a "strong-buy" rating to a "hold" rating in a report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Barclays reiterated an "underweight" rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Finally, Citigroup reissued a "sell" rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold".

Kuehne & Nagel International Stock Up 7.0%

The business has a 50-day moving average of $51.89 and a 200 day moving average of $48.31. The company has a market capitalization of $33.81 billion, a PE ratio of 30.43, a P/E/G ratio of 3.51 and a beta of 0.74. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.97 and a quick ratio of 0.97.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%. The company had revenue of $8.22 billion for the quarter, compared to analysts' expectations of $7.58 billion. Equities research analysts predict that Kuehne & Nagel International Ag will post 2.15 earnings per share for the current year.

About Kuehne & Nagel International

Kuehne+Nagel International AG is a Switzerland-based global logistics and freight-forwarding company. It provides transportation and supply-chain solutions for businesses across a range of industries, helping customers move, store and manage goods through international logistics networks.

The company's principal services include sea freight, air freight, road logistics and contract logistics. It also offers warehousing and distribution, customs clearance, supply-chain management, project logistics and technology-enabled shipment visibility.

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