DHL Group (OTCMKTS:DHLGY) Reaches New 12-Month High – Still a Buy?

DHL Group Sponsored ADR (OTCMKTS:DHLGY)’s share price hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as $33.9899 and last traded at $33.9250, with a volume of 19,822 shares traded. The stock had previously closed at $32.85.

Wall Street Analysts Forecast Growth

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

DHL Group Stock Up 3.5%

The firm has a fifty day moving average of $32.21 and a 200-day moving average of $36.94. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 1.04. The firm has a market cap of $75.51 billion, a P/E ratio of 11.90, a price-to-earnings-growth ratio of 1.53 and a beta of 1.21.

DHL Group (OTCMKTS:DHLGY) last posted its earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.54. DHL Group had a return on equity of 16.44% and a net margin of 4.38%. The business had revenue of $25.84 billion for the quarter, compared to analyst estimates of $24.20 billion. On average, equities research analysts anticipate that DHL Group Sponsored ADR will post 2.03 earnings per share for the current year.

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.