Kuehne & Nagel International (OTCMKTS:KHNGY) Downgraded to Moderate Sell Rating by HSBC

Kuehne & Nagel International (OTCMKTS:KHNGY) was downgraded by research analysts at HSBC from a “hold” rating to a “moderate sell” rating in a note issued to investors on Wednesday,Zacks.com reports.

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

Kuehne & Nagel International Trading Down 2.9%

OTCMKTS KHNGY opened at $46.54 on Wednesday. Kuehne & Nagel International has a 52 week low of $36.76 and a 52 week high of $49.66. The firm has a 50 day moving average of $45.60 and a two-hundred day moving average of $41.96. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $28.10 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 1.41 and a beta of 0.87.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings data on Tuesday, March 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.07). The firm had revenue of $7.45 billion for the quarter, compared to analysts’ expectations of $7.73 billion. Kuehne & Nagel International had a return on equity of 38.42% and a net margin of 3.57%. As a group, research analysts expect that Kuehne & Nagel International will post 2.31 EPS for the current fiscal year.

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.