Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Pass Above Fifty Day Moving Average - Time to Sell?

Key Points

• Kuehne & Nagel shares rose above their 50-day moving average, reaching $52.1750 and last trading at $52.0650 on volume of 2,338 shares.
• Analyst sentiment remains mixed but leans cautious: the stock has a consensus “Hold” rating, with two Buy, three Hold, and two Sell ratings; Barclays and Citigroup maintain negative views.
• The company exceeded quarterly expectations, reporting $0.57 EPS versus $0.55 expected and revenue of $8.22 billion versus a $7.58 billion consensus estimate.

Kuehne & Nagel International Ag (OTCMKTS:KHNGY - Get Free Report)'s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $51.63 and traded as high as $52.1750. Kuehne & Nagel International shares last traded at $52.0650, with a volume of 2,338 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Barclays reaffirmed an "underweight" rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Citigroup restated a "sell" rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Zacks Research downgraded shares of Kuehne & Nagel International from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold".

Kuehne & Nagel International Stock Down 1.2%

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 fifty day simple moving average of $51.63 and a 200-day simple moving average of $47.99. The firm has a market cap of $31.44 billion, a price-to-earnings ratio of 28.30, a P/E/G ratio of 3.54 and a beta of 0.74.

Kuehne & Nagel International (OTCMKTS:KHNGY - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. The firm 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%. As a group, sell-side analysts expect that Kuehne & Nagel International Ag will post 2.15 EPS for the current year.

Kuehne & Nagel International Company Profile

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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