Kuehne & Nagel International (OTCMKTS:KHNGY) Rating Lowered to Hold at Zacks Research

Kuehne & Nagel International (OTCMKTS:KHNGY) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Several other research firms have also commented on KHNGY. Jefferies Financial Group raised shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research report on Friday, May 22nd. Finally, HSBC lowered shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Kuehne & Nagel International Trading Down 2.7%

Shares of KHNGY stock opened at $45.82 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market cap of $27.66 billion, a PE ratio of 26.03, a price-to-earnings-growth ratio of 3.77 and a beta of 0.76. The company has a 50-day moving average of $46.43 and a two-hundred day moving average of $45.24. Kuehne & Nagel International has a 1-year low of $36.76 and a 1-year high of $51.00.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its earnings results on Friday, April 24th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.09. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 38.37%. The company had revenue of $7.15 billion during the quarter, compared to analyst estimates of $7.58 billion. On average, analysts predict that Kuehne & Nagel International will post 2.14 EPS for the current 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.