DHL Group (OTCMKTS:DHLGY) Announces Earnings Results

DHL Group (OTCMKTS:DHLGY) announced its quarterly earnings results on Thursday. The company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13, Zacks reports. The business had revenue of $23.10 billion for the quarter, compared to analysts’ expectations of $20.19 billion. DHL Group had a return on equity of 14.92% and a net margin of 4.11%.

DHL Group Price Performance

OTCMKTS:DHLGY traded up $0.28 during mid-day trading on Friday, hitting $50.16. The company’s stock had a trading volume of 89,616 shares, compared to its average volume of 161,573. DHL Group has a fifty-two week low of $33.89 and a fifty-two week high of $50.18. The company has a current ratio of 0.95, a quick ratio of 0.90 and a debt-to-equity ratio of 0.95. The stock has a fifty day moving average of $45.38 and a 200-day moving average of $45.38. The company has a market capitalization of $60.19 billion, a price-to-earnings ratio of 15.48, a P/E/G ratio of 1.96 and a beta of 1.21.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DHLGY shares. Deutsche Bank Aktiengesellschaft downgraded DHL Group from a “buy” rating to a “hold” rating in a research report on Friday, September 19th. Citigroup reiterated a “buy” rating on shares of DHL Group in a research report on Wednesday, October 1st. Kepler Capital Markets lowered DHL Group from a “strong-buy” rating to a “hold” rating in a report on Friday, August 22nd. Finally, Zacks Research cut shares of DHL Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

About DHL Group

Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.