DHL Group (OTCMKTS:DHLGY) Releases Quarterly Earnings Results, Beats Expectations By $0.46 EPS

DHL Group (OTCMKTS:DHLGY) released its earnings results on Thursday. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.46, Zacks reports. DHL Group had a return on equity of 16.44% and a net margin of 4.38%.

DHL Group Price Performance

Shares of DHLGY stock traded down $0.65 during trading hours on Thursday, reaching $33.57. The company’s stock had a trading volume of 130,859 shares, compared to its average volume of 187,166. The firm’s 50 day simple moving average is $32.24 and its 200-day simple moving average is $36.72. The company has a market capitalization of $74.56 billion, a price-to-earnings ratio of 11.99, a PEG ratio of 1.58 and a beta of 1.21. DHL Group has a fifty-two week low of $24.07 and a fifty-two week high of $34.31. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 1.04.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on DHLGY shares. Citigroup reaffirmed a “neutral” rating on shares of DHL Group in a research note on Wednesday, October 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DHL Group in a research report on Tuesday, September 15th. Zacks Research downgraded shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Finally, Royal Bank Of Canada initiated coverage on shares of DHL Group in a report on Thursday, October 15th. They issued a “moderate buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

About DHL Group

DHL Group, formerly Deutsche Post DHL Group, is a Germany-based logistics and postal services company headquartered in Bonn. It provides international express delivery, freight transportation, contract logistics, supply chain management, and e-commerce fulfillment services for businesses and consumers.

The company operates through several business divisions, including DHL Express, DHL Global Forwarding, Freight, DHL Supply Chain, DHL eCommerce, and the Post & Parcel Germany business.