Kuehne & Nagel International (OTCMKTS:KHNGY) Releases Earnings Results, Beats Estimates By $0.21 EPS

Kuehne & Nagel International (OTCMKTS:KHNGY) posted its earnings results on Thursday. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.58 by $0.21, Zacks reports. The business had revenue of $9.09 billion during the quarter, compared to the consensus estimate of $7.70 billion. Kuehne & Nagel International had a return on equity of 39.21% and a net margin of 3.57%.

Kuehne & Nagel International Stock Down 1.6%

Shares of OTCMKTS:KHNGY opened at $54.99 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a market cap of $33.20 billion, a price-to-earnings ratio of 30.36, a P/E/G ratio of 3.47 and a beta of 0.73. The company has a 50 day moving average of $53.85 and a 200-day moving average of $50.01. Kuehne & Nagel International has a one year low of $36.80 and a one year high of $56.79.

Analysts Set New Price Targets

A number of analysts have weighed in on KHNGY shares. Royal Bank Of Canada assumed coverage on Kuehne & Nagel International in a research report on Thursday, October 15th. They issued a “hold” rating on the stock. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Finally, Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Kuehne & Nagel International has an average rating of “Hold”.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International AG is a global logistics and supply chain management company headquartered in Schindellegi, Switzerland. The company provides transportation and logistics services for businesses across a range of industries, including technology, healthcare, aerospace, automotive, retail and consumer goods.

Its main activities include sea freight, air freight, road logistics and contract logistics. Kuehne+Nagel also offers customs brokerage, warehousing, distribution, supply chain planning and technology-enabled logistics solutions.