Kuehne & Nagel International (OTCMKTS:KHNGY) Reaches New 12-Month High - What's Next?

Key Points

• Kuehne & Nagel shares hit a 52-week high, trading as high as $59.40 on Wednesday, versus a previous close of $59.095.
• The company reported quarterly EPS of $0.79, beating the $0.58 consensus estimate, while revenue of $9.09 billion topped forecasts of $7.70 billion.
• Analyst views are mixed, with ratings spanning strong buy to sell; MarketBeat’s consensus rating is Hold.

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report) reached a new 52-week high during trading on Wednesday. The stock traded as high as $59.40 and last traded at $59.3380, with a volume of 597 shares trading hands. The stock had previously closed at $59.0950.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on KHNGY shares. Citigroup restated a "sell" rating on shares of Kuehne & Nagel International in a research report on Wednesday, October 28th. Barclays reiterated an "underweight" rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Zacks Research upgraded Kuehne & Nagel International from a "hold" rating to a "strong-buy" rating in a research note on Thursday, October 22nd. Royal Bank Of Canada initiated coverage on Kuehne & Nagel International in a research report on Thursday, October 15th. They set a "hold" rating for the company. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Kuehne & Nagel International in a report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Kuehne & Nagel International presently has an average rating of "Hold".

Kuehne & Nagel International Stock Performance

The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a market capitalization of $36.22 billion, a PE ratio of 27.02, a price-to-earnings-growth ratio of 3.72 and a beta of 0.77. The firm's 50 day moving average price is $54.50 and its 200-day moving average price is $49.08.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.21. The firm had revenue of $9.09 billion during the quarter, compared to analyst estimates of $7.70 billion. Kuehne & Nagel International had a return on equity of 43.31% and a net margin of 3.82%. On average, research analysts expect that Kuehne & Nagel International Ag will post 2.26 EPS for the current year.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International AG is a global logistics and supply chain management company headquartered in Schindellegi, Switzerland. The company provides transportation and logistics services for businesses across a range of industries, including technology, healthcare, aerospace, automotive, retail and consumer goods.

Its main activities include sea freight, air freight, road logistics and contract logistics. Kuehne+Nagel also offers customs brokerage, warehousing, distribution, supply chain planning and technology-enabled logistics solutions.

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