Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Gap Up – Still a Buy?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $46.80, but opened at $48.19. Kuehne & Nagel International shares last traded at $48.25, with a volume of 522 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. HSBC lowered Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 4th. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a research note on Wednesday, April 29th. Zacks Research downgraded shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research report on Friday, May 22nd. Finally, Jefferies Financial Group raised shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Kuehne & Nagel International has a consensus rating of “Hold”.

Kuehne & Nagel International Trading Down 1.6%

The business has a 50 day simple moving average of $46.44 and a 200-day simple moving average of $45.51. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market capitalization of $28.83 billion, a P/E ratio of 27.13, a price-to-earnings-growth ratio of 3.82 and a beta of 0.76.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings data on Friday, April 24th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. The company had revenue of $7.15 billion for the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%. On average, analysts predict that Kuehne & Nagel International Ag will post 2.14 EPS for the current 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.