DHL Group (OTCMKTS:DHLGY) Announces Earnings Results

DHL Group (OTCMKTS:DHLGY) issued its earnings results on Wednesday. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.54, Zacks reports. DHL Group had a return on equity of 16.98% and a net margin of 4.38%.The firm had revenue of $25.84 billion for the quarter, compared to analyst estimates of $24.20 billion.

DHL Group Price Performance

OTCMKTS DHLGY traded up $0.09 on Friday, hitting $31.88. The stock had a trading volume of 5,467 shares, compared to its average volume of 536,184. The firm has a 50-day moving average of $31.19 and a 200-day moving average of $38.82. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98. DHL Group has a 52-week low of $21.77 and a 52-week high of $33.44. The company has a market capitalization of $71.36 billion, a price-to-earnings ratio of 11.16, a price-to-earnings-growth ratio of 1.49 and a beta of 1.20.

Analyst Ratings Changes

DHLGY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DHL Group in a report on Wednesday, July 8th. Kepler Capital Markets raised shares of DHL Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 2nd. Jefferies Financial Group lowered shares of DHL Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Barclays reiterated an “overweight” rating on shares of DHL Group in a research note on Tuesday, June 16th. Finally, Citigroup restated a “buy” rating on shares of DHL Group in a research note on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, DHL Group has an average rating of “Moderate Buy”.

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.