Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Given Average Recommendation of “Hold” by Analysts

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY) have received a consensus rating of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company.

A number of equities research analysts recently weighed in on the company. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Zacks Research upgraded Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a report on Friday, May 22nd. HSBC cut Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a report on Wednesday, March 4th. Finally, Jefferies Financial Group upgraded shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th.

Kuehne & Nagel International Trading Down 2.7%

Shares of KHNGY stock opened at $45.82 on Friday. The business’s fifty day moving average price is $46.43 and its 200 day moving average price is $45.24. Kuehne & Nagel International has a 1-year low of $36.76 and a 1-year high of $51.00. The firm has a market capitalization of $27.66 billion, a PE ratio of 26.03, a P/E/G ratio of 3.77 and a beta of 0.76. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.03.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings results on Friday, April 24th. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. The business had revenue of $7.15 billion for the quarter, compared to analysts’ expectations of $7.58 billion. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%. As a group, sell-side analysts forecast that Kuehne & Nagel International will post 2.14 EPS for the current fiscal year.

About Kuehne & Nagel International

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.