Kuehne & Nagel International (OTCMKTS:KHNGY) Reaches New 12-Month High – Should You Buy?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) hit a new 52-week high on Tuesday . The company traded as high as $52.27 and last traded at $52.27, with a volume of 200 shares trading hands. The stock had previously closed at $50.84.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on KHNGY. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Zacks Research lowered shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Jefferies Financial Group upgraded shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research note on Friday, May 22nd. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Kuehne & Nagel International Price Performance

The stock’s 50 day moving average is $47.31 and its two-hundred day moving average is $46.19. 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 stock has a market capitalization of $31.62 billion, a PE ratio of 29.76, a price-to-earnings-growth ratio of 4.05 and a beta of 0.75.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings results on Friday, April 24th. The company reported $0.53 EPS for the quarter, topping the consensus estimate 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 company had revenue of $7.15 billion during the quarter, compared to analysts’ expectations of $7.58 billion. As a group, sell-side analysts forecast that Kuehne & Nagel International Ag will post 2.14 earnings per share for the current fiscal 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.