Kuehne & Nagel International (OTCMKTS:KHNGY) Stock Rating Upgraded by Zacks Research

Kuehne & Nagel International (OTCMKTS:KHNGY) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Other research analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research report on Wednesday, October 29th. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, October 29th. Barclays cut Kuehne & Nagel International from an “equal weight” rating to a “strong sell” rating in a report on Thursday, October 30th. Finally, BNP Paribas upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 17th. Three equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce”.

Kuehne & Nagel International Stock Performance

Kuehne & Nagel International stock opened at $40.10 on Thursday. The business has a 50 day moving average of $38.42 and a 200-day moving average of $41.50. The company has a market capitalization of $24.21 billion, a P/E ratio of 19.95, a P/E/G ratio of 1.10 and a beta of 0.92. Kuehne & Nagel International has a 1 year low of $36.76 and a 1 year high of $49.66. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.86 and a quick ratio of 0.86.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its earnings results on Thursday, October 23rd. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.04). The business had revenue of $7.55 billion for the quarter, compared to the consensus estimate of $7.34 billion. Kuehne & Nagel International had a return on equity of 38.53% and a net margin of 4.01%. On average, equities research analysts predict that Kuehne & Nagel International will post 2.31 earnings per share for the current year.

Kuehne & Nagel International Company Profile

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics. It offers less-than-container load, reefer and project logistics, and flexible container shipping solutions.