Kuehne & Nagel International (OTCMKTS:KHNGY) Sets New 52-Week High – Time to Buy?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) reached a new 52-week high during trading on Wednesday. The stock traded as high as $59.40 and last traded at $59.3380, with a volume of 597 shares changing hands. The stock had previously closed at $59.0950.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research report on Tuesday, July 28th. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, October 28th. Zacks Research upgraded shares of Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 22nd. Royal Bank Of Canada assumed coverage on shares of Kuehne & Nagel International in a research note on Thursday, October 15th. They set a “hold” rating for the company. Finally, Barclays restated an “underweight” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Kuehne & Nagel International presently has a consensus rating of “Hold”.

Kuehne & Nagel International Stock Down 3.1%

The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.42. The stock’s 50-day simple moving average is $54.69 and its 200-day simple moving average is $49.22. The firm has a market capitalization of $34.65 billion, a P/E ratio of 25.85, a P/E/G ratio of 3.39 and a beta of 0.77.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its earnings results on Thursday, October 22nd. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.21. The company had revenue of $9.09 billion during the quarter, compared to analyst estimates of $7.70 billion. Kuehne & Nagel International had a return on equity of 43.31% and a net margin of 3.82%. As a group, research analysts predict that Kuehne & Nagel International Ag will post 2.28 earnings per share for the current fiscal year.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International AG is a global logistics and supply chain management company headquartered in Schindellegi, Switzerland. The company provides transportation and logistics services for businesses across a range of industries, including technology, healthcare, aerospace, automotive, retail and consumer goods.

Its main activities include sea freight, air freight, road logistics and contract logistics. Kuehne+Nagel also offers customs brokerage, warehousing, distribution, supply chain planning and technology-enabled logistics solutions.