DHL Group (OTCMKTS:DHLGY) Stock Rating Lowered by Sanford C. Bernstein

DHL Group (OTCMKTS:DHLGY) was downgraded by research analysts at Sanford C. Bernstein from a “strong-buy” rating to a “hold” rating in a research note issued on Friday,Zacks.com reports.

Several other equities research analysts have also weighed in on the stock. Citigroup reiterated a “buy” rating on shares of DHL Group in a research report on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft cut shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Friday, September 19th. Kepler Capital Markets lowered DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 22nd. Finally, Zacks Research downgraded DHL Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, DHL Group presently has a consensus rating of “Hold”.

DHL Group Trading Up 0.6%

Shares of DHLGY opened at $50.16 on Friday. DHL Group has a 1 year low of $33.89 and a 1 year high of $50.18. The company has a current ratio of 0.95, a quick ratio of 0.90 and a debt-to-equity ratio of 0.95. The stock has a 50 day simple moving average of $45.47 and a 200-day simple moving average of $45.45. The stock has a market cap of $60.19 billion, a PE ratio of 15.48, a PEG ratio of 1.96 and a beta of 1.21.

DHL Group (OTCMKTS:DHLGY) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.75 by $0.13. DHL Group had a return on equity of 14.92% and a net margin of 4.11%.The business had revenue of $23.10 billion for the quarter, compared to analyst estimates of $20.19 billion. On average, sell-side analysts predict that DHL Group will post 3.01 EPS for the current fiscal year.

About DHL Group

Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.