Kuehne & Nagel International (OTCMKTS:KHNGY) Announces Earnings Results, Beats Expectations By $0.09 EPS

Kuehne & Nagel International (OTCMKTS:KHNGY) released its earnings results on Friday. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09, Zacks reports. Kuehne & Nagel International had a return on equity of 38.68% and a net margin of 3.57%.

Kuehne & Nagel International Stock Down 3.4%

Kuehne & Nagel International stock traded down $1.65 during mid-day trading on Friday, hitting $47.36. The company had a trading volume of 1,156 shares, compared to its average volume of 11,509. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.40. The stock’s 50 day moving average price is $45.38 and its two-hundred day moving average price is $43.14. Kuehne & Nagel International has a 12 month low of $36.76 and a 12 month high of $49.60. The company has a market capitalization of $28.59 billion, a PE ratio of 26.76, a price-to-earnings-growth ratio of 4.20 and a beta of 0.81.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on KHNGY shares. Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a research note on Wednesday, January 28th. HSBC downgraded Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a report on Thursday, January 15th. The Goldman Sachs Group upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research report on Wednesday, January 14th. Finally, Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research note on Tuesday, February 10th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce”.

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.