Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Receives Consensus Recommendation of “Reduce” from Brokerages

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) has been given an average rating of “Reduce” by the six brokerages that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company.

Several brokerages have commented on KHNGY. The Goldman Sachs Group upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a report on Wednesday, January 14th. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. Zacks Research upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a report on Thursday, November 27th. HSBC lowered shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research note on Wednesday. Finally, Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a report on Tuesday, February 10th.

Kuehne & Nagel International Trading Down 1.1%

Shares of KHNGY opened at $44.75 on Thursday. The stock has a market cap of $27.02 billion, a PE ratio of 25.28, a P/E/G ratio of 4.10 and a beta of 0.87. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.88 and a quick ratio of 0.88. The stock’s 50-day moving average is $45.64 and its two-hundred day moving average is $42.00. Kuehne & Nagel International has a 12 month low of $36.76 and a 12 month high of $49.66.

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