DHL Group Sponsored ADR (OTCMKTS:DHLGY) Stock Now Rated “Moderate Buy” by Wall Street Brokerages

Shares of DHL Group Sponsored ADR (OTCMKTS:DHLGY) have been given an average rating of “Moderate Buy” by the ten brokerages that are presently covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

DHLGY has been the subject of a number of recent research reports. Zacks Research downgraded DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DHL Group in a research note on Tuesday, September 15th. Citigroup reiterated a “neutral” rating on shares of DHL Group in a report on Wednesday, October 21st. Finally, Royal Bank Of Canada initiated coverage on shares of DHL Group in a research note on Thursday, October 15th. They issued a “moderate buy” rating for the company.

DHL Group Price Performance

DHL Group stock opened at $34.08 on Thursday. DHL Group has a 1 year low of $22.80 and a 1 year high of $34.22. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.98 and a current ratio of 1.03. The company’s fifty day moving average price is $32.23 and its 200 day moving average price is $36.83. The stock has a market capitalization of $75.69 billion, a P/E ratio of 11.93, a P/E/G ratio of 1.52 and a beta of 1.21.

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

DHL Group Company Profile

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.