Kuehne & Nagel International (OTCMKTS:KHNGY) Stock Rating Raised to Strong-Buy at Zacks Research

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

Several other equities research analysts also recently weighed in on the stock. Royal Bank Of Canada assumed coverage on shares of Kuehne & Nagel International in a research note on Thursday, October 15th. They issued a “hold” rating for the company. Barclays restated an “underweight” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Kuehne & Nagel International currently has an average rating of “Hold”.

Kuehne & Nagel International Stock Up 0.5%

Kuehne & Nagel International stock opened at $55.17 on Thursday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.42. Kuehne & Nagel International has a 12-month low of $36.80 and a 12-month high of $56.79. The firm’s fifty day moving average is $53.91 and its 200 day moving average is $50.04. The company has a market capitalization of $33.31 billion, a PE ratio of 24.85, a PEG ratio of 3.41 and a beta of 0.73.

Kuehne & Nagel International (OTCMKTS:KHNGY) last issued its earnings results on Thursday, October 22nd. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.21. The business had revenue of $9.09 billion for the quarter, compared to analyst estimates of $7.70 billion. Kuehne & Nagel International had a net margin of 3.82% and a return on equity of 43.31%. As a group, sell-side analysts predict that Kuehne & Nagel International will post 2.17 EPS for the current fiscal year.

About Kuehne & Nagel International

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.