Kuehne & Nagel International (OTCMKTS:KHNGY) Sets New 1-Year High – Here’s What Happened

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $52.94 and last traded at $52.94, with a volume of 349 shares. The stock had previously closed at $51.7190.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Kuehne & Nagel International in a report on Tuesday, July 28th. Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Zacks Research lowered Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Finally, Jefferies Financial Group upgraded Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Two 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Kuehne & Nagel International Price Performance

The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market cap of $31.70 billion, a price-to-earnings ratio of 28.53, a PEG ratio of 3.50 and a beta of 0.75. The business has a fifty day moving average price of $49.52 and a 200 day moving average price of $47.06.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its earnings results on Thursday, July 23rd. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. The firm had revenue of $8.22 billion for the quarter, compared to analysts’ expectations of $7.58 billion. Kuehne & Nagel International had a return on equity of 39.21% and a net margin of 3.57%. As a group, research analysts anticipate that Kuehne & Nagel International Ag will post 2.15 earnings per share for the current year.

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.