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

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) shares hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as $56.89 and last traded at $56.89, with a volume of 1,182 shares changing hands. The stock had previously closed at $56.23.

Analyst Ratings Changes

KHNGY has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday. Royal Bank Of Canada began coverage on shares of Kuehne & Nagel International in a research report on Thursday, October 15th. They set a “hold” rating for the company. Finally, Zacks Research raised Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Kuehne & Nagel International has an average rating of “Hold”.

Kuehne & Nagel International Stock Up 0.3%

The firm has a market cap of $34.74 billion, a P/E ratio of 25.92, a price-to-earnings-growth ratio of 3.61 and a beta of 0.73. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.42. The firm has a fifty day moving average of $54.33 and a 200-day moving average of $48.95.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings data on Thursday, October 22nd. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.21. The firm had revenue of $9.09 billion for the quarter, compared to the consensus estimate of $7.70 billion. Kuehne & Nagel International had a net margin of 3.82% and a return on equity of 43.31%. On average, equities research analysts anticipate that Kuehne & Nagel International Ag will post 2.26 earnings per share for the current year.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International AG is a global logistics and supply chain management company headquartered in Schindellegi, Switzerland. The company provides transportation and logistics services for businesses across a range of industries, including technology, healthcare, aerospace, automotive, retail and consumer goods.

Its main activities include sea freight, air freight, road logistics and contract logistics. Kuehne+Nagel also offers customs brokerage, warehousing, distribution, supply chain planning and technology-enabled logistics solutions.