DHL Group (OTCMKTS:DHLGY) Sets New 52-Week High – Still a Buy?

DHL Group Sponsored ADR (OTCMKTS:DHLGY)’s share price hit a new 52-week high on Tuesday . The company traded as high as $56.85 and last traded at $56.54, with a volume of 51424 shares trading hands. The stock had previously closed at $55.12.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Sanford C. Bernstein cut DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of DHL Group in a report on Thursday, December 4th. Citigroup reiterated a “buy” rating on shares of DHL Group in a research report on Friday, November 21st. The Goldman Sachs Group cut DHL Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 14th. Finally, Zacks Research raised DHL Group from a “strong sell” rating to a “hold” rating in a research note on Friday, November 21st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, DHL Group presently has a consensus rating of “Hold”.

DHL Group Trading Up 2.9%

The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 0.93. The company has a market cap of $61.40 billion, a price-to-earnings ratio of 16.54, a PEG ratio of 1.83 and a beta of 1.21. The firm has a 50 day moving average price of $53.96 and a two-hundred day moving average price of $48.96.

DHL Group (OTCMKTS:DHLGY) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13. The company had revenue of $23.10 billion for the quarter, compared to analyst estimates of $20.19 billion. DHL Group had a return on equity of 15.44% and a net margin of 4.24%. As a group, equities analysts forecast that DHL Group Sponsored ADR will post 3.01 earnings per share for the current year.

About DHL Group

DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.