DHL Group (OTCMKTS:DHLGY) Hits New 52-Week High – Here’s Why

Shares of DHL Group Sponsored ADR (OTCMKTS:DHLGY) reached a new 52-week high during trading on Monday . The stock traded as high as $53.39 and last traded at $53.37, with a volume of 1611 shares changing hands. The stock had previously closed at $53.09.

Analyst Upgrades and Downgrades

DHLGY has been the subject of several research reports. Citigroup reiterated a “buy” rating on shares of DHL Group in a research note on Friday, November 21st. UBS Group raised DHL Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of DHL Group in a report on Thursday. Zacks Research raised DHL Group from a “strong sell” rating to a “hold” rating in a research note on Friday, November 21st. Finally, Kepler Capital Markets downgraded shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 22nd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, DHL Group has a consensus rating of “Hold”.

DHL Group Trading Up 0.6%

The firm has a market cap of $64.09 billion, a PE ratio of 15.57, a PEG ratio of 2.29 and a beta of 1.22. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.92 and a quick ratio of 0.87. The business has a 50-day moving average price of $47.96 and a two-hundred day moving average price of $46.65.

DHL Group (OTCMKTS:DHLGY) last posted its earnings results on Thursday, November 6th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.13. DHL Group had a net margin of 4.24% and a return on equity of 15.44%. The firm had revenue of $23.10 billion during the quarter, compared to the consensus estimate of $20.19 billion. Analysts forecast that DHL Group Sponsored ADR will post 3.01 EPS for the current year.

DHL Group Company Profile

Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.