Kuehne & Nagel International (KHNGY) Expected to Release Quarterly Earnings on Thursday

Kuehne & Nagel International (OTCMKTS:KHNGY) is expected to be releasing its results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.58 per share and revenue of $7.70 billion for the quarter.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The business 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%. On average, analysts expect Kuehne & Nagel International to post $2.17 EPS for the current fiscal year and $2.23 EPS for the next fiscal year.

Kuehne & Nagel International Stock Up 0.1%

KHNGY stock opened at $55.75 on Wednesday. The firm has a market cap of $33.66 billion, a PE ratio of 30.30, a PEG ratio of 3.46 and a beta of 0.73. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.97 and a current ratio of 0.97. The firm’s 50 day moving average price is $53.67 and its 200-day moving average price is $49.88. Kuehne & Nagel International has a one year low of $36.80 and a one year high of $56.79.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a report on Tuesday, July 28th. Barclays reaffirmed an “underweight” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Finally, Royal Bank Of Canada initiated coverage on shares of Kuehne & Nagel International in a research report on Thursday, October 15th. They set a “hold” rating for the company. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Kuehne & Nagel International currently has an average rating of “Hold”.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International AG is a global logistics and supply chain management company headquartered in Schindellegi, Switzerland. The company provides transportation and logistics services for businesses across a range of industries, including technology, healthcare, aerospace, automotive, retail and consumer goods.

Its main activities include sea freight, air freight, road logistics and contract logistics. Kuehne+Nagel also offers customs brokerage, warehousing, distribution, supply chain planning and technology-enabled logistics solutions.