Kuehne & Nagel International (OTCMKTS:KHNGY) Posts Quarterly Earnings Results

Kuehne & Nagel International (OTCMKTS:KHNGY) announced its earnings results on Tuesday. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.07), Zacks reports. The firm had revenue of $7.45 billion during the quarter, compared to analyst estimates of $7.73 billion. Kuehne & Nagel International had a return on equity of 40.03% and a net margin of 4.01%.

Kuehne & Nagel International Price Performance

Kuehne & Nagel International stock opened at $47.93 on Wednesday. The business’s 50-day simple moving average is $45.55 and its 200 day simple moving average is $41.93. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.19. The stock has a market cap of $28.94 billion, a price-to-earnings ratio of 23.85, a P/E/G ratio of 1.38 and a beta of 0.87. Kuehne & Nagel International has a 12-month low of $36.76 and a 12-month high of $49.66.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on KHNGY. Zacks Research upgraded Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 27th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a report on Thursday, January 15th. Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. The Goldman Sachs Group raised shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research report on Wednesday, January 14th. Finally, Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce”.

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.