Kuehne & Nagel International (OTCMKTS:KHNGY) Hits New 52-Week High – What’s Next?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $51.82 and last traded at $51.01, with a volume of 9648 shares. The stock had previously closed at $50.6940.

Analyst Ratings Changes

KHNGY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a report on Friday, May 22nd. Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Jefferies Financial Group raised shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Finally, Zacks Research cut shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Kuehne & Nagel International Stock Performance

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 company has a market cap of $30.80 billion, a price-to-earnings ratio of 28.98, a PEG ratio of 3.96 and a beta of 0.75. The firm has a 50 day simple moving average of $46.72 and a 200-day simple moving average of $45.86.

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