Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Given Consensus Recommendation of “Hold” by Brokerages

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) has earned a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company.

KHNGY has been the topic of a number of research analyst reports. Zacks Research lowered Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research report on Friday, May 22nd. Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Finally, Jefferies Financial Group raised Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th.

Kuehne & Nagel International Price Performance

Shares of KHNGY opened at $51.85 on Wednesday. The firm has a 50-day simple moving average of $47.17 and a two-hundred day simple moving average of $46.13. The stock has a market cap of $31.31 billion, a PE ratio of 29.46, a P/E/G ratio of 4.02 and a beta of 0.75. Kuehne & Nagel International has a 1-year low of $36.76 and a 1-year high of $52.27. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.03.

Kuehne & Nagel International (OTCMKTS:KHNGY) last issued its quarterly earnings data on Friday, April 24th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.44 by $0.09. The firm had revenue of $7.15 billion for the quarter, compared to analyst estimates 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, analysts forecast that Kuehne & Nagel International will post 2.14 EPS 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.