Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Receives Average Recommendation of “Hold” from Brokerages

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) has received a consensus recommendation of “Hold” from the seven research firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company.

A number of research firms recently issued reports on KHNGY. Jefferies Financial Group upgraded shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research report on Friday, May 22nd. Zacks Research cut Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Finally, Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, April 29th.

Kuehne & Nagel International Stock Up 0.6%

Shares of Kuehne & Nagel International stock opened at $51.01 on Wednesday. Kuehne & Nagel International has a 12-month low of $36.76 and a 12-month high of $51.82. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.35. The stock has a 50 day moving average price of $46.72 and a two-hundred day moving average price of $45.86. The stock has a market capitalization of $30.80 billion, a P/E ratio of 28.98, a PEG ratio of 3.96 and a beta of 0.75.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings results on Friday, April 24th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.09. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 38.37%. The company had revenue of $7.15 billion for the quarter, compared to analyst estimates of $7.58 billion. Equities analysts expect that Kuehne & Nagel International will post 2.14 earnings per share 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.