Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Gap Up - Still a Buy?

Key Points

• Kuehne & Nagel shares jumped 1.7%, opening at $56.7375 versus a prior close of $54.44, though trading volume was only 404 shares.
• Analyst sentiment remains cautious: the stock has a consensus “Hold” rating, with two Buy, three Hold and two Sell ratings.
• The company beat quarterly expectations, reporting $0.57 EPS versus $0.55 expected and $8.22 billion in revenue versus a $7.58 billion consensus estimate.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report) gapped up before the market opened on Friday. The stock had previously closed at $54.44, but opened at $56.7375. Kuehne & Nagel International shares last traded at $56.7375, with a volume of 404 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada initiated coverage on shares of Kuehne & Nagel International in a report on Thursday. They issued a "sector perform" rating on the stock. Barclays reaffirmed an "underweight" rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Citigroup reaffirmed a "sell" rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Kuehne & Nagel International in a research report on Tuesday, July 28th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, Kuehne & Nagel International presently has a consensus rating of "Hold".

Kuehne & Nagel International Trading Up 1.7%

The company has a 50 day moving average of $53.26 and a two-hundred day moving average of $49.66. The stock has a market capitalization of $34.23 billion, a PE ratio of 30.82, a P/E/G ratio of 3.38 and a beta of 0.73. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.97 and a current ratio of 0.97.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last released its 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. The company had revenue of $8.22 billion for the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%. Sell-side analysts predict that Kuehne & Nagel International Ag will post 2.17 EPS for the current year.

Kuehne & Nagel International Company Profile

Kuehne+Nagel International AG is a Switzerland-based global logistics company that provides transportation and supply chain management services to businesses worldwide. The company organizes the movement of goods by sea, air, road and rail, serving customers across industries including healthcare, consumer goods, technology, industrial manufacturing and aerospace.

Its services include ocean and air freight forwarding, road logistics, contract logistics, warehousing, distribution, customs clearance and supply chain management.

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