Kuehne & Nagel International (OTCMKTS:KHNGY) Sets New 12-Month High - Should You Buy?

Key Points

• Kuehne & Nagel International reached a new 52-week high of $55.13, with the stock up from its previous close of $54.501.
• Analyst sentiment is mixed: two analysts rate the shares Buy, three Hold, and two Sell, resulting in an overall MarketBeat rating of “Hold.”
• The company exceeded quarterly expectations, reporting EPS of $0.57 versus a $0.55 estimate and revenue of $8.22 billion versus the expected $7.58 billion. However, its valuation includes a P/E ratio near 30 and a PEG ratio of 3.67.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $55.13 and last traded at $55.13, with a volume of 237 shares changing hands. The stock had previously closed at $54.5010.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on KHNGY. Citigroup reissued a "sell" rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Jefferies Financial Group raised Kuehne & Nagel International from a "hold" rating to a "buy" rating in a report on Tuesday, May 5th. Zacks Research cut Kuehne & Nagel International from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Kuehne & Nagel International in a research report on Tuesday, July 28th. Finally, Barclays reaffirmed an "underweight" rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold".

Kuehne & Nagel International Price Performance

The company has a market cap of $33.29 billion, a price-to-earnings ratio of 29.96, a PEG ratio of 3.67 and a beta of 0.75. The company's 50 day moving average price is $50.11 and its 200 day moving average price is $47.36. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.42.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $0.57 earnings per share (EPS) 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 firm had revenue of $8.22 billion during the quarter, compared to analysts' expectations of $7.58 billion. Equities research analysts forecast that Kuehne & Nagel International Ag will post 2.15 earnings per share for the current year.

About Kuehne & Nagel International

Kuehne & Nagel International is a global logistics company that provides a wide range of transportation and supply chain services. Its core activities include sea freight and airfreight forwarding, contract logistics and warehousing, as well as overland (road and rail) transportation. The company also offers integrated supply chain management, customs brokerage and value-added services that support complex logistics requirements for shippers and manufacturers.

Founded in 1890 by August Kühne and Friedrich Nagel, Kuehne & Nagel has grown into a multinational logistics provider with a long history in freight forwarding and transport services.

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