Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Receives Average Recommendation of “Reduce” from Brokerages

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) has earned an average recommendation of “Reduce” from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company.

A number of research analysts have weighed in on the stock. Barclays reiterated an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a research note on Tuesday, February 10th. The Goldman Sachs Group upgraded Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research report on Wednesday, January 14th. HSBC lowered Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a report on Wednesday, March 4th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research note on Thursday, January 15th.

Kuehne & Nagel International Price Performance

Shares of OTCMKTS KHNGY opened at $44.12 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market capitalization of $26.64 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 4.05 and a beta of 0.87. The firm’s 50 day simple moving average is $45.67 and its 200-day simple moving average is $42.05. Kuehne & Nagel International has a 12 month low of $36.76 and a 12 month high of $49.60.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its earnings results on Tuesday, March 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.07). The firm had revenue of $7.45 billion during the quarter, compared to analyst estimates of $7.73 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 38.42%. Analysts expect that Kuehne & Nagel International will post 2.31 EPS for the current year.

Kuehne & Nagel International Company Profile

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.