Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Gap Down – What’s Next?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) gapped down before the market opened on Friday . The stock had previously closed at $46.54, but opened at $43.86. Kuehne & Nagel International shares last traded at $43.97, with a volume of 6,882 shares.

Analyst Ratings Changes

Several research analysts have weighed in on KHNGY shares. The Goldman Sachs Group upgraded Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research note on Wednesday, January 14th. Zacks Research upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 27th. HSBC downgraded shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday. Barclays reiterated an “underweight” rating on shares of Kuehne & Nagel International in a research note on Wednesday, January 28th. Finally, Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a report on Tuesday, February 10th. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce”.

Kuehne & Nagel International Trading Down 2.2%

The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.19. The business’s fifty day moving average is $45.63 and its 200 day moving average is $41.98. The stock has a market cap of $26.74 billion, a PE ratio of 25.02, a P/E/G ratio of 1.34 and a beta of 0.87.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.07). The company had revenue of $7.45 billion for the quarter, compared to analyst estimates of $7.73 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 38.42%. As a group, analysts predict that Kuehne & Nagel International Ag will post 2.31 earnings per share for the current 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.