DHL Group (OTCMKTS:DHLGY) Shares Gap Down – Here’s What Happened

DHL Group Sponsored ADR (OTCMKTS:DHLGY)’s share price gapped down prior to trading on Monday. The stock had previously closed at $33.00, but opened at $31.76. DHL Group shares last traded at $32.00, with a volume of 14,269 shares.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Royal Bank Of Canada began coverage on shares of DHL Group in a research report on Thursday, October 15th. They set a “moderate buy” rating on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DHL Group in a research report on Tuesday, September 15th. Citigroup lowered shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Thursday, August 13th. Finally, Zacks Research cut shares of DHL Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, DHL Group has a consensus rating of “Moderate Buy”.

DHL Group Stock Up 1.2%

The company has a current ratio of 1.03, a quick ratio of 0.98 and a debt-to-equity ratio of 1.04. The business’s fifty day moving average price is $32.12 and its 200 day moving average price is $30.69. The company has a market capitalization of $72.05 billion, a P/E ratio of 11.23, a P/E/G ratio of 1.47 and a beta of 1.17.

DHL Group (OTCMKTS:DHLGY) last announced its earnings results on Wednesday, August 5th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.51 by $0.54. The company had revenue of $25.84 billion for the quarter, compared to analysts’ expectations of $24.20 billion. DHL Group had a return on equity of 16.44% and a net margin of 4.38%. As a group, equities research analysts predict that DHL Group Sponsored ADR will post 2.00 earnings per share for the current fiscal year.

DHL Group Company Profile

DHL Group, formerly Deutsche Post DHL Group, is a Germany-based logistics and postal services company headquartered in Bonn. It provides international express delivery, freight transportation, contract logistics, supply chain management, and e-commerce fulfillment services for businesses and consumers.

The company operates through several business divisions, including DHL Express, DHL Global Forwarding, Freight, DHL Supply Chain, DHL eCommerce, and the Post & Parcel Germany business.