Kuehne & Nagel International (OTCMKTS:KHNGY) Announces Quarterly Earnings Results

Kuehne & Nagel International (OTCMKTS:KHNGY) released its quarterly earnings data on Friday. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.44 by $0.09, Zacks reports. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 38.68%.

Kuehne & Nagel International Trading Down 3.4%

OTCMKTS KHNGY traded down $1.65 during trading hours on Friday, hitting $47.36. 1,156 shares of the company were exchanged, compared to its average volume of 11,506. Kuehne & Nagel International has a 52 week low of $36.76 and a 52 week high of $49.60. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.40. The stock has a 50-day moving average price of $45.38 and a 200 day moving average price of $43.14. The stock has a market cap of $28.59 billion, a PE ratio of 26.76, a price-to-earnings-growth ratio of 4.20 and a beta of 0.81.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th. The Goldman Sachs Group raised Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a report on Wednesday, January 14th. HSBC downgraded Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 4th. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a report on Tuesday, February 10th. Finally, Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a research note on Wednesday, January 28th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Kuehne & Nagel International currently has an average rating of “Reduce”.

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.