DHL Group (OTCMKTS:DHLGY) Posts Quarterly Earnings Results, Beats Expectations By $0.54 EPS

DHL Group (OTCMKTS:DHLGY) posted its earnings results on Wednesday. The company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.54, Zacks reports. DHL Group had a return on equity of 16.35% and a net margin of 4.28%.

DHL Group Trading Down 3.9%

OTCMKTS:DHLGY traded down $1.30 during midday trading on Wednesday, hitting $32.07. The stock had a trading volume of 150,630 shares, compared to its average volume of 539,093. The stock has a 50-day moving average of $31.10 and a 200 day moving average of $39.16. The company has a market capitalization of $71.79 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 1.54 and a beta of 1.20. DHL Group has a one year low of $21.77 and a one year high of $33.44. The company has a quick ratio of 0.93, a current ratio of 0.98 and a debt-to-equity ratio of 0.96.

Analyst Ratings Changes

DHLGY has been the subject of a number of research reports. Barclays reiterated an “overweight” rating on shares of DHL Group in a research report on Tuesday, June 16th. Kepler Capital Markets upgraded DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DHL Group in a research note on Wednesday, July 8th. Citigroup restated a “buy” rating on shares of DHL Group in a report on Friday, May 8th. Finally, Jefferies Financial Group cut shares of DHL Group from a “buy” rating to a “hold” rating in a research report on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About DHL Group

DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.