Kuehne & Nagel International (OTCMKTS:KHNGY) Issues Earnings Results, Beats Expectations By $0.02 EPS

Kuehne & Nagel International (OTCMKTS:KHNGY) issued its quarterly earnings results on Thursday. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.02, Zacks reports. The firm had revenue of $8.22 billion for the quarter, compared to analyst estimates of $7.58 billion. Kuehne & Nagel International had a return on equity of 38.52% and a net margin of 3.57%.

Kuehne & Nagel International Stock Up 0.3%

Shares of OTCMKTS KHNGY opened at $50.02 on Friday. Kuehne & Nagel International has a 52-week low of $36.76 and a 52-week high of $52.38. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.03. The business has a fifty day moving average of $48.19 and a two-hundred day moving average of $46.54. The stock has a market cap of $30.20 billion, a PE ratio of 27.18, a PEG ratio of 3.91 and a beta of 0.75.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Jefferies Financial Group upgraded Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Barclays reiterated an “underweight” rating on shares of Kuehne & Nagel International in a research note on Friday. Zacks Research lowered shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a report on Friday, May 22nd. Finally, Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a research report on Friday. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

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.