DHL Group Sponsored ADR (OTCMKTS:DHLGY) Stock Now Rated “Hold” by Wall Street Brokerages

DHL Group Sponsored ADR (OTCMKTS:DHLGY) has been assigned a consensus rating of “Hold” from the nine analysts that are covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DHL Group in a report on Tuesday, September 15th. Barclays reaffirmed an “overweight” rating on shares of DHL Group in a research note on Tuesday, June 16th. Zacks Research cut shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Finally, Citigroup downgraded shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Thursday, August 13th.

DHL Group Price Performance

OTCMKTS:DHLGY opened at $31.64 on Friday. DHL Group has a one year low of $22.20 and a one year high of $33.70. The stock has a market cap of $70.27 billion, a PE ratio of 11.03, a P/E/G ratio of 1.44 and a beta of 1.17. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.98 and a current ratio of 1.03. The stock has a 50 day moving average price of $32.07 and a 200 day moving average price of $30.83.

DHL Group (OTCMKTS:DHLGY) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.54. The firm had revenue of $25.84 billion for the quarter, compared to analysts’ expectations of $24.20 billion. DHL Group had a net margin of 4.38% and a return on equity of 16.44%. Equities research analysts expect that DHL Group will post 2.01 EPS for the current fiscal year.

About DHL Group

DHL Group is a Germany-based logistics and postal services company headquartered in Bonn. Formerly known as Deutsche Post DHL Group, the company operates through a global network serving customers in more than 220 countries and territories. Its businesses support the movement, storage and delivery of documents, goods and parcels across international supply chains.

The company’s principal operations include DHL Express, which provides time-definite international document and parcel delivery; Global Forwarding, Freight, which arranges air, ocean, road and rail transportation; and DHL Supply Chain, which offers contract logistics, warehousing and supply chain management services.