Kuehne & Nagel International (OTCMKTS:KHNGY) Stock Rating Lowered by Zacks Research

Kuehne & Nagel International (OTCMKTS:KHNGY) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

KHNGY has been the subject of several other reports. Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research note on Friday, May 22nd. HSBC downgraded shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research note on Wednesday, March 4th. Finally, Jefferies Financial Group raised shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold”.

Kuehne & Nagel International Stock Performance

Shares of OTCMKTS KHNGY opened at $45.82 on Tuesday. The company has a market cap of $27.66 billion, a PE ratio of 26.03, a price-to-earnings-growth ratio of 3.77 and a beta of 0.76. Kuehne & Nagel International has a 12 month low of $36.76 and a 12 month high of $51.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.03. The company has a 50-day simple moving average of $46.43 and a 200-day simple moving average of $45.24.

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