DHL Group (OTCMKTS:DHLGY) Sees Large Volume Increase After Analyst Upgrade

DHL Group Sponsored ADR (OTCMKTS:DHLGY) saw an uptick in trading volume on Monday after UBS Group upgraded the stock to a neutral rating. 234,797 shares were traded during trading, an increase of 47% from the previous session’s volume of 159,461 shares.The stock last traded at $50.35 and had previously closed at $49.46.

A number of other research firms also recently commented on DHLGY. Zacks Research upgraded DHL Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 21st. 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. Kepler Capital Markets cut shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 22nd. Deutsche Bank Aktiengesellschaft lowered shares of DHL Group from a “buy” rating to a “hold” rating in a report on Friday, September 19th. Finally, Citigroup reiterated a “buy” rating on shares of DHL Group in a report on Friday. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

DHL Group Price Performance

The firm has a market cap of $62.34 billion, a price-to-earnings ratio of 16.03, a P/E/G ratio of 1.96 and a beta of 1.21. The stock’s fifty day moving average price is $46.68 and its 200-day moving average price is $46.16. The company has a current ratio of 0.95, a quick ratio of 0.90 and a debt-to-equity ratio of 0.95.

DHL Group (OTCMKTS:DHLGY) last posted its earnings results 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. The firm had revenue of $23.10 billion for the quarter, compared to analyst estimates of $20.19 billion. DHL Group had a return on equity of 14.92% and a net margin of 4.11%. As a group, equities research analysts forecast that DHL Group Sponsored ADR will post 3.01 earnings per share for the current fiscal year.

DHL Group Company Profile

Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.