Kuehne & Nagel International (OTCMKTS:KHNGY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Kuehne & Nagel International (OTCMKTS:KHNGY) from a strong sell rating to a hold rating in a research note issued to investors on Thursday,Zacks.com reports.

A number of other analysts also recently issued reports on KHNGY. BNP Paribas raised Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 17th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research report on Wednesday, October 29th. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research note on Wednesday, October 29th. Finally, Barclays cut shares of Kuehne & Nagel International from an “equal weight” rating to a “strong sell” rating in a research note on Thursday, October 30th. Three analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Kuehne & Nagel International Stock Up 1.3%

Shares of KHNGY stock opened at $40.10 on Thursday. The company’s fifty day simple moving average is $38.42 and its two-hundred day simple moving average is $41.50. Kuehne & Nagel International has a 52 week low of $36.76 and a 52 week high of $49.66. The stock has a market cap of $24.21 billion, a P/E ratio of 19.95, a PEG ratio of 1.10 and a beta of 0.92. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.20.

Kuehne & Nagel International (OTCMKTS:KHNGY) last issued its quarterly earnings data on Thursday, October 23rd. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.04). The firm had revenue of $7.55 billion for the quarter, compared to analysts’ expectations of $7.34 billion. Kuehne & Nagel International had a net margin of 4.01% and a return on equity of 38.53%. Analysts predict that Kuehne & Nagel International will post 2.31 EPS for the current fiscal year.

About Kuehne & Nagel International

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics. It offers less-than-container load, reefer and project logistics, and flexible container shipping solutions.