Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Receives Average Rating of “Hold” from Brokerages

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY) have earned an average rating of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company.

A number of equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research report on Tuesday, July 28th. Zacks Research lowered Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Finally, Barclays reiterated an “underweight” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th.

Kuehne & Nagel International Price Performance

Shares of OTCMKTS:KHNGY opened at $54.81 on Monday. The company has a 50 day moving average of $52.18 and a 200 day moving average of $48.57. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.42. The stock has a market cap of $33.09 billion, a P/E ratio of 29.79, a P/E/G ratio of 3.07 and a beta of 0.74. Kuehne & Nagel International has a 12 month low of $36.76 and a 12 month high of $56.57.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. The firm had revenue of $8.22 billion during the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%. As a group, sell-side analysts forecast that Kuehne & Nagel International will post 2.17 EPS for the current fiscal year.

About Kuehne & Nagel International

Kuehne+Nagel International AG is a Switzerland-based global logistics and freight-forwarding company. It provides transportation and supply-chain solutions for businesses across a range of industries, helping customers move, store and manage goods through international logistics networks.

The company’s principal services include sea freight, air freight, road logistics and contract logistics. It also offers warehousing and distribution, customs clearance, supply-chain management, project logistics and technology-enabled shipment visibility.