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

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) has been given a consensus recommendation of “Hold” by the seven research firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

Several equities research analysts recently weighed in on the company. HSBC lowered Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 4th. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research report on Friday, May 22nd. Jefferies Financial Group upgraded Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Finally, Zacks Research upgraded Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 1st.

Kuehne & Nagel International Price Performance

KHNGY opened at $49.56 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.03. Kuehne & Nagel International has a 52-week low of $36.76 and a 52-week high of $51.00. The stock has a market capitalization of $29.93 billion, a PE ratio of 28.16, a price-to-earnings-growth ratio of 3.94 and a beta of 0.76. The stock’s 50 day moving average price is $46.43 and its 200-day moving average price is $45.04.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings results on Friday, April 24th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.09. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%.The company had revenue of $7.15 billion for the quarter, compared to analyst estimates of $7.58 billion. On average, equities research analysts predict that Kuehne & Nagel International will post 2.14 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.