Kuehne & Nagel International (OTCMKTS:KHNGY) Stock Rating Lowered 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 report issued on Wednesday,Zacks.com reports.

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

Kuehne & Nagel International Price Performance

Kuehne & Nagel International stock opened at $46.54 on Wednesday. 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 firm’s 50-day simple moving average is $45.60 and its 200 day simple moving average is $41.96. Kuehne & Nagel International has a 52 week low of $36.76 and a 52 week high of $49.66. The firm has a market capitalization of $28.10 billion, a PE ratio of 26.29, a P/E/G ratio of 1.41 and a beta of 0.87.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results 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 business had revenue of $7.45 billion during the quarter, compared to analysts’ expectations of $7.73 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 38.42%. On average, equities research analysts predict that Kuehne & Nagel International will post 2.31 EPS for the current fiscal year.

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.