Kuehne & Nagel International (OTCMKTS:KHNGY) Hits New 1-Year High – Time to Buy?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) hit a new 52-week high during trading on Friday . The company traded as high as $50.4553 and last traded at $50.4553, with a volume of 2153 shares. The stock had previously closed at $46.94.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group raised shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday. Finally, HSBC cut shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 4th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Kuehne & Nagel International has an average rating of “Reduce”.

Kuehne & Nagel International Trading Up 0.6%

The stock has a market capitalization of $28.52 billion, a price-to-earnings ratio of 26.84, a PEG ratio of 3.68 and a beta of 0.81. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.97 and a quick ratio of 0.97. The business’s 50-day simple moving average is $45.63 and its two-hundred day simple moving average is $43.47.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Friday, April 24th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.09. The firm had revenue of $7.15 billion for the quarter, compared to analysts’ expectations of $7.58 billion. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 40.73%. On average, research analysts anticipate that Kuehne & Nagel International Ag will post 2.11 earnings per share for the current fiscal year.

Kuehne & Nagel International Company Profile

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.