DHL Group (OTCMKTS:DHLGY) Lowered to “Hold” Rating by Zacks Research

Zacks Research lowered shares of DHL Group (OTCMKTS:DHLGY) from a strong-buy rating to a hold rating in a research report released on Tuesday morning,Zacks.com reports.

Several other brokerages also recently weighed in on DHLGY. Kepler Capital Markets raised DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 2nd. Jefferies Financial Group cut DHL Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Citigroup lowered DHL Group from a “buy” rating to a “hold” rating in a report on Thursday, August 13th. Barclays restated an “overweight” rating on shares of DHL Group in a research note on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DHL Group in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, DHL Group has a consensus rating of “Hold”.

DHL Group Trading Down 0.3%

DHL Group stock opened at $33.05 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The firm has a 50-day moving average price of $31.81 and a two-hundred day moving average price of $36.48. The firm has a market capitalization of $73.40 billion, a price-to-earnings ratio of 11.57, a PEG ratio of 1.66 and a beta of 1.20. DHL Group has a 52-week low of $21.77 and a 52-week high of $33.44.

DHL Group (OTCMKTS:DHLGY) last posted its earnings results on Wednesday, August 5th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.51 by $0.54. The firm had revenue of $25.84 billion during the quarter, compared to analysts’ expectations of $24.20 billion. DHL Group had a net margin of 4.38% and a return on equity of 16.98%. Sell-side analysts expect that DHL Group will post 1.99 earnings per share for the current year.

DHL Group Company Profile

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.