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

Kuehne & Nagel International (OTCMKTS:KHNGY) posted its quarterly earnings data on Thursday. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.02, Zacks reports. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%.

Kuehne & Nagel International Stock Down 2.9%

KHNGY stock traded down $1.47 during trading hours on Thursday, hitting $49.72. The company’s stock had a trading volume of 728 shares, compared to its average volume of 9,773. 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 company has a market capitalization of $30.02 billion, a PE ratio of 28.25, a price-to-earnings-growth ratio of 4.03 and a beta of 0.75. Kuehne & Nagel International has a 12 month low of $36.76 and a 12 month high of $52.38. The stock has a 50 day moving average price of $47.98 and a two-hundred day moving average price of $46.47.

Wall Street Analyst Weigh In

KHNGY has been the topic of a number of recent analyst reports. Jefferies Financial Group upgraded shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research report on Friday, May 22nd. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Finally, Zacks Research lowered Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. 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’s stock. According to data from MarketBeat, Kuehne & Nagel International has an average rating of “Hold”.

About Kuehne & Nagel International

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.