Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Given Average Recommendation of “Hold” by Brokerages

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) has received an average rating of “Hold” from the seven analysts that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company.

A number of equities research analysts have recently weighed in on the company. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Jefferies Financial Group raised shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Finally, Zacks Research lowered shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th.

Kuehne & Nagel International Price Performance

Shares of OTCMKTS KHNGY opened at $54.78 on Thursday. The firm has a market cap of $33.07 billion, a P/E ratio of 29.77, a price-to-earnings-growth ratio of 3.70 and a beta of 0.75. The business’s 50 day moving average is $50.45 and its 200-day moving average is $47.46. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.42. Kuehne & Nagel International has a 1-year low of $36.76 and a 1-year high of $55.13.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.02. Kuehne & Nagel International had a return on equity of 39.21% and a net margin of 3.57%.The business had revenue of $8.22 billion during the quarter, compared to the consensus estimate of $7.58 billion. Equities research analysts predict that Kuehne & Nagel International will post 2.15 earnings per share for the current year.

About Kuehne & Nagel International

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.