Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Stock Now Rated “Hold” by Wall Street Brokerages

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) has been given a consensus rating of “Hold” by the seven research firms that are covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

KHNGY has been the subject of a number of analyst reports. Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Zacks Research raised shares of Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 22nd. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, October 28th. Finally, The Goldman Sachs Group downgraded shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 5th.

Kuehne & Nagel International Price Performance

Shares of Kuehne & Nagel International stock opened at $56.23 on Tuesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.97 and a current ratio of 0.97. Kuehne & Nagel International has a 52-week low of $36.80 and a 52-week high of $60.54. The stock has a market capitalization of $33.95 billion, a price-to-earnings ratio of 25.33, a price-to-earnings-growth ratio of 3.39 and a beta of 0.77. The company has a fifty day moving average of $54.79 and a 200-day moving average of $49.33.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings results on Thursday, October 22nd. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.21. Kuehne & Nagel International had a net margin of 3.82% and a return on equity of 43.31%. The business had revenue of $9.09 billion for the quarter, compared to analysts’ expectations of $7.70 billion. Equities research analysts expect that Kuehne & Nagel International will post 2.28 EPS for the current year.

Kuehne & Nagel International Company Profile

Kuehne+Nagel International AG is a Switzerland-based transport and logistics company that helps businesses move, store and manage goods. Its services include sea freight, airfreight, road transport and contract logistics, along with customs clearance and supply chain management solutions.

Founded in Bremen, Germany, in 1890 by August Kühne and Friedrich Nagel, the company developed from a freight-forwarding business into a global logistics provider. It is headquartered in Schindellegi, Switzerland.

Kuehne+Nagel serves customers across international markets and industries, coordinating shipments and logistics operations through its worldwide network.