DHL Group (OTCMKTS:DHLGY) Shares Gap Down – Time to Sell?

DHL Group Sponsored ADR (OTCMKTS:DHLGY) shares gapped down prior to trading on Monday. The stock had previously closed at $33.00, but opened at $31.76. DHL Group shares last traded at $32.00, with a volume of 14,269 shares trading hands.

Analysts Set New Price Targets

Several equities analysts recently issued reports on DHLGY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DHL Group in a research note on Tuesday, September 15th. Royal Bank Of Canada assumed coverage on DHL Group in a research note on Thursday. They issued a “moderate buy” rating for the company. Citigroup downgraded DHL Group from a “buy” rating to a “hold” rating in a research report on Thursday, August 13th. Finally, Zacks Research lowered DHL Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

DHL Group Price Performance

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 company’s 50 day moving average price is $32.10 and its 200-day moving average price is $30.61. The company has a market cap of $71.58 billion, a price-to-earnings ratio of 11.28, a PEG ratio of 1.52 and a beta of 1.17.

DHL Group (OTCMKTS:DHLGY) last announced its earnings results on Wednesday, August 5th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.51 by $0.54. DHL Group had a net margin of 4.38% and a return on equity of 16.44%. The company had revenue of $25.84 billion during the quarter, compared to analysts’ expectations of $24.20 billion. On average, equities research analysts forecast that DHL Group Sponsored ADR will post 2.00 earnings per share for the current fiscal year.

About DHL Group

DHL Group, formerly Deutsche Post DHL Group, is a Germany-based logistics and postal services company headquartered in Bonn. It provides international express delivery, freight transportation, contract logistics, supply chain management, and e-commerce fulfillment services for businesses and consumers.

The company operates through several business divisions, including DHL Express, DHL Global Forwarding, Freight, DHL Supply Chain, DHL eCommerce, and the Post & Parcel Germany business.