Kuehne & Nagel International (OTCMKTS:KHNGY) Sets New 52-Week High – Should You Buy?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $51.38 and last traded at $51.38, with a volume of 307 shares traded. The stock had previously closed at $49.4550.

Wall Street Analyst Weigh In

A number of research firms have commented on KHNGY. HSBC lowered shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 4th. Zacks Research cut Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 16th. Jefferies Financial Group raised Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a report on Friday, May 22nd. Finally, Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Kuehne & Nagel International Stock Performance

The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.35. The company has a market cap of $31.00 billion, a price-to-earnings ratio of 29.18, a P/E/G ratio of 3.80 and a beta of 0.76. The stock has a 50 day moving average price of $46.51 and a two-hundred day moving average price of $45.67.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings data on Friday, April 24th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.09. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%.The business had revenue of $7.15 billion during the quarter, compared to the consensus estimate of $7.58 billion. Analysts predict that Kuehne & Nagel International Ag will post 2.13 EPS for the current year.

About Kuehne & Nagel International

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.