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

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) has been assigned a consensus recommendation of “Hold” from the six research firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have assigned a buy recommendation to the company.

Several brokerages recently issued reports on KHNGY. 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. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a report on Tuesday, July 28th. Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Finally, Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th.

Kuehne & Nagel International Trading Down 0.9%

Shares of KHNGY opened at $55.95 on Monday. The firm’s 50 day simple moving average is $52.05 and its 200 day simple moving average is $48.45. The company has a market capitalization of $33.78 billion, a P/E ratio of 30.41, a P/E/G ratio of 3.76 and a beta of 0.74. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.97 and a quick ratio of 0.97. Kuehne & Nagel International has a 1-year low of $36.76 and a 1-year high of $56.57.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The business had revenue of $8.22 billion during the quarter, compared to analysts’ expectations of $7.58 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%. Sell-side analysts forecast that Kuehne & Nagel International will post 2.17 earnings per share for the current fiscal year.

Kuehne & Nagel International Company Profile

Kuehne+Nagel International AG is a Switzerland-based global logistics and freight-forwarding company. It provides transportation and supply-chain solutions for businesses across a range of industries, helping customers move, store and manage goods through international logistics networks.

The company’s principal services include sea freight, air freight, road logistics and contract logistics. It also offers warehousing and distribution, customs clearance, supply-chain management, project logistics and technology-enabled shipment visibility.