Kuehne & Nagel International (OTCMKTS:KHNGY) Trading Down 7.3% – What’s Next?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s share price dropped 7.3% during mid-day trading on Tuesday . The stock traded as low as $43.7502 and last traded at $43.81. Approximately 971 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 11,158 shares. The stock had previously closed at $47.24.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Jefferies Financial Group upgraded shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday. Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a report on Wednesday, January 28th. HSBC lowered Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, March 4th. Finally, Zacks Research upgraded Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Kuehne & Nagel International Trading Down 0.8%

The stock has a market cap of $27.38 billion, a P/E ratio of 25.77, a price-to-earnings-growth ratio of 3.63 and a beta of 0.77. The stock’s 50-day moving average is $45.62 and its two-hundred day moving average is $43.71. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.97 and a quick ratio of 0.97.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Friday, April 24th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.44 by $0.09. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 40.73%. The business had revenue of $7.15 billion for the quarter, compared to analysts’ expectations of $7.58 billion. Equities research analysts anticipate that Kuehne & Nagel International Ag will post 2.14 EPS for the current 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.