Kuehne & Nagel International (OTCMKTS:KHNGY) Reaches New 12-Month High – Still a Buy?

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY) reached a new 52-week high on Wednesday . The stock traded as high as $51.82 and last traded at $51.01, with a volume of 9648 shares traded. The stock had previously closed at $50.6940.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Zacks Research downgraded Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research note on Friday, May 22nd. Jefferies Financial Group upgraded shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Finally, Citigroup restated 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 given a Sell rating to the company. According to data from MarketBeat.com, Kuehne & Nagel International currently has a consensus rating of “Hold”.

Kuehne & Nagel International Stock Performance

The company’s fifty day moving average is $46.85 and its 200 day moving average is $45.96. The company has a market capitalization of $30.64 billion, a P/E ratio of 28.83, a P/E/G ratio of 3.97 and a beta of 0.75. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.35.

Kuehne & Nagel International (OTCMKTS:KHNGY) last issued its earnings results on Friday, April 24th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.09. The business had revenue of $7.15 billion for the quarter, compared to analysts’ expectations of $7.58 billion. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 38.37%. As a group, equities analysts anticipate that Kuehne & Nagel International Ag will post 2.14 earnings per share for the current year.

Kuehne & Nagel International Company Profile

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.