Kuehne & Nagel International (OTCMKTS:KHNGY) Posts Earnings Results

Kuehne & Nagel International (OTCMKTS:KHNGY) announced its earnings results on Thursday. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02, Zacks reports. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 38.37%. The company had revenue of $8.22 billion for the quarter, compared to analysts’ expectations of $7.58 billion.

Kuehne & Nagel International Trading Down 2.5%

OTCMKTS KHNGY opened at $49.89 on Friday. The firm has a market capitalization of $30.12 billion, a PE ratio of 28.35, a price-to-earnings-growth ratio of 4.00 and a beta of 0.75. The business’s 50-day moving average price is $48.08 and its two-hundred day moving average price is $46.51. 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 has a 12 month low of $36.76 and a 12 month high of $52.38.

Wall Street Analysts Forecast Growth

KHNGY has been the subject of several recent research reports. Jefferies Financial Group upgraded Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research note on Friday, May 22nd. Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, April 29th. Finally, Zacks Research cut Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.