DHL Group Sponsored ADR (OTCMKTS:DHLGY – Get Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $25.3110, but opened at $26.67. DHL Group shares last traded at $25.36, with a volume of 4,798 shares trading hands.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of DHL Group in a research note on Thursday, December 4th. Barclays raised DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 6th. Finally, The Goldman Sachs Group downgraded DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 14th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, DHL Group presently has an average rating of “Moderate Buy”.
Read Our Latest Stock Report on DHLGY
DHL Group Trading Up 0.7%
DHL Group (OTCMKTS:DHLGY – Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The company reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.15 by ($0.10). The business had revenue of $25.72 billion during the quarter, compared to analysts’ expectations of $22.51 billion. DHL Group had a return on equity of 15.88% and a net margin of 4.24%. Sell-side analysts anticipate that DHL Group Sponsored ADR will post 3.01 earnings per share for the current year.
About DHL Group
DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.
Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.
Further Reading
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