Kuehne & Nagel International (OTCMKTS:KHNGY) Posts Earnings Results, Beats Expectations By $0.21 EPS

Kuehne & Nagel International (OTCMKTS:KHNGY) announced its quarterly earnings data on Thursday. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.21, Zacks reports. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%.

Kuehne & Nagel International Price Performance

KHNGY opened at $55.87 on Thursday. Kuehne & Nagel International has a 1-year low of $36.80 and a 1-year high of $56.79. The stock has a market cap of $33.73 billion, a PE ratio of 30.36, a price-to-earnings-growth ratio of 3.46 and a beta of 0.73. The stock’s fifty day simple moving average is $53.78 and its 200 day simple moving average is $49.95. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.42.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Barclays restated an “underweight” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Royal Bank Of Canada began coverage on Kuehne & Nagel International in a report on Thursday, October 15th. They set a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Kuehne & Nagel International in a research report on Tuesday, July 28th. Finally, Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International AG is a global logistics and supply chain management company headquartered in Schindellegi, Switzerland. The company provides transportation and logistics services for businesses across a range of industries, including technology, healthcare, aerospace, automotive, retail and consumer goods.

Its main activities include sea freight, air freight, road logistics and contract logistics. Kuehne+Nagel also offers customs brokerage, warehousing, distribution, supply chain planning and technology-enabled logistics solutions.