DHL Group (DHLGY) to Release Quarterly Earnings on Thursday

DHL Group (OTCMKTS:DHLGY) will likely be issuing its results before the market opens on Thursday, March 5th. Analysts expect the company to announce earnings of $1.14 per share and revenue of $22.5092 billion for the quarter.

DHL Group Stock Performance

Shares of DHL Group stock opened at $56.81 on Tuesday. The business has a 50-day moving average price of $56.70 and a two-hundred day moving average price of $51.04. DHL Group has a 1-year low of $35.59 and a 1-year high of $61.18. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 0.93. The company has a market cap of $61.47 billion, a P/E ratio of 16.56, a PEG ratio of 1.98 and a beta of 1.22.

Analysts Set New Price Targets

DHLGY has been the subject of a number of research analyst reports. UBS Group upgraded DHL Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 26th. The Goldman Sachs Group downgraded shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 14th. Sanford C. Bernstein downgraded DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Zacks Research raised shares of DHL Group from a “strong sell” rating to a “hold” rating in a research note on Friday, November 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of DHL Group in a research note on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

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.