DHL Group Sponsored ADR (OTCMKTS:DHLGY) Receives Average Rating of “Hold” from Brokerages

DHL Group Sponsored ADR (OTCMKTS:DHLGY) has received a consensus rating of “Hold” from the nine brokerages that are presently covering the stock, MarketBeat reports. Six analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company.

A number of equities analysts have recently commented on the stock. Citigroup lowered shares of DHL Group from a “buy” rating to a “hold” rating in a research report on Thursday, August 13th. Zacks Research downgraded shares of DHL Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Barclays reiterated an “overweight” rating on shares of DHL Group in a research note on Tuesday, June 16th. Kepler Capital Markets raised shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DHL Group in a report on Tuesday.

DHL Group Stock Down 0.1%

Shares of DHLGY stock opened at $32.26 on Wednesday. The stock’s 50 day simple moving average is $32.29 and its 200 day simple moving average is $33.84. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.98 and a current ratio of 1.03. DHL Group has a twelve month low of $21.77 and a twelve month high of $33.44. The company has a market capitalization of $71.64 billion, a price-to-earnings ratio of 11.29, a PEG ratio of 1.60 and a beta of 1.19.

DHL Group (OTCMKTS:DHLGY) last posted its earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.54. The firm had revenue of $25.84 billion during the quarter, compared to analyst estimates of $24.20 billion. DHL Group had a return on equity of 16.44% and a net margin of 4.38%. As a group, research analysts predict that DHL Group will post 2.02 EPS for the current year.

DHL Group Company Profile

DHL Group is a global logistics and postal services company headquartered in Bonn, Germany. The group provides international express delivery, freight transportation, contract logistics, supply chain management, e-commerce logistics and domestic mail and parcel services.

Its principal business divisions include DHL Express, DHL Global Forwarding and Freight, DHL Supply Chain, DHL eCommerce and the Post & Parcel Germany division. Services range from time-definite document and parcel delivery to air, ocean and road freight forwarding, warehousing, fulfillment, customs support and logistics solutions tailored to business customers.

The company traces its roots to Deutsche Bundespost’s postal operations and became a privatized company, Deutsche Post AG, in the 1990s.