DHL Group (OTCMKTS:DHLGY) Reaches New 1-Year High – Still a Buy?

Shares of DHL Group Sponsored ADR (OTCMKTS:DHLGY) hit a new 52-week high during trading on Monday . The company traded as high as $56.80 and last traded at $56.40, with a volume of 41029 shares. The stock had previously closed at $55.83.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DHLGY. UBS Group upgraded DHL Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of DHL Group in a report on Thursday, December 4th. Zacks Research upgraded DHL Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 21st. Citigroup reaffirmed a “buy” rating on shares of DHL Group in a research report on Friday, November 21st. Finally, Sanford C. Bernstein downgraded shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

DHL Group Trading Up 1.0%

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 $67.69 billion, a price-to-earnings ratio of 16.45, a price-to-earnings-growth ratio of 1.88 and a beta of 1.21. The firm has a 50-day moving average price of $52.68 and a 200 day moving average price of $48.28.

DHL Group (OTCMKTS:DHLGY) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.13. DHL Group had a return on equity of 15.44% and a net margin of 4.24%.The firm had revenue of $23.10 billion for the quarter, compared to analysts’ expectations of $20.19 billion. As a group, sell-side analysts forecast that DHL Group Sponsored ADR will post 3.01 EPS for the current year.

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.