DHL Group (OTCMKTS:DHLGY) Sets New 1-Year High – Here’s What Happened

DHL Group Sponsored ADR (OTCMKTS:DHLGY) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $56.6550 and last traded at $56.6550, with a volume of 3284 shares. The stock had previously closed at $55.04.

Analyst Upgrades and Downgrades

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

DHL Group Stock Up 2.1%

The firm’s 50 day moving average price is $51.90 and its two-hundred day moving average price is $47.99. 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 capitalization of $67.96 billion, a price-to-earnings ratio of 16.51, a price-to-earnings-growth ratio of 1.82 and a beta of 1.21.

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

DHL Group Company Profile

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.