DHL Group (OTCMKTS:DHLGY) Shares Gap Up – Should You Buy?

Shares of DHL Group Sponsored ADR (OTCMKTS:DHLGY) gapped up before the market opened on Friday . The stock had previously closed at $27.18, but opened at $29.98. DHL Group shares last traded at $29.98, with a volume of 1,825 shares traded.

Analyst Upgrades and Downgrades

DHLGY has been the topic of a number of recent analyst reports. Barclays raised shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 6th. The Goldman Sachs Group downgraded shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

DHL Group Stock Down 0.1%

The business’s fifty day moving average price is $41.47 and its 200 day moving average price is $48.94. The firm has a market capitalization of $66.15 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 1.58 and a beta of 1.21. The company has a current ratio of 0.98, a quick ratio of 0.93 and a debt-to-equity ratio of 0.96.

DHL Group (OTCMKTS:DHLGY) last posted its quarterly earnings data on Thursday, March 5th. The company reported $1.05 EPS for the quarter, missing the consensus estimate of $1.15 by ($0.10). DHL Group had a net margin of 4.24% and a return on equity of 15.78%. The company had revenue of $25.72 billion for the quarter, compared to analysts’ expectations of $22.51 billion. On average, equities analysts expect that DHL Group Sponsored ADR will post 1.91 EPS for the current year.

About DHL Group

DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time?sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e?commerce fulfillment solutions, and national postal and parcel operations in Germany.