Kuehne & Nagel International (OTCMKTS:KHNGY) Releases Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Kuehne & Nagel International (OTCMKTS:KHNGY) announced its earnings results on Tuesday. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.07), Zacks reports. The company had revenue of $7.45 billion for the quarter, compared to the consensus estimate of $7.73 billion. Kuehne & Nagel International had a return on equity of 40.03% and a net margin of 4.01%.

Kuehne & Nagel International Price Performance

Shares of KHNGY stock traded down $0.29 during trading hours on Wednesday, hitting $46.39. The company had a trading volume of 709 shares, compared to its average volume of 8,007. Kuehne & Nagel International has a 12 month low of $36.76 and a 12 month high of $49.66. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 0.88. The firm’s fifty day moving average is $45.55 and its 200 day moving average is $41.93. The firm has a market capitalization of $28.01 billion, a price-to-earnings ratio of 23.08, a PEG ratio of 1.38 and a beta of 0.87.

Wall Street Analysts Forecast Growth

KHNGY has been the topic of several research analyst reports. The Goldman Sachs Group upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research report on Wednesday, January 14th. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a research report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research note on Thursday, January 15th. Barclays reiterated an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. Finally, Zacks Research upgraded Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 27th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

About Kuehne & Nagel International

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.