Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Stock Now Rated “Hold” by Sell-Side Analysts

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY) have received a consensus rating of “Hold” from the seven brokerages that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company.

Several research firms have recently issued reports on KHNGY. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research note on Wednesday, October 28th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research report on Tuesday, July 28th. Zacks Research raised shares of Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 22nd. The Goldman Sachs Group downgraded Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 5th. Finally, Barclays reiterated an “underweight” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th.

Kuehne & Nagel International Price Performance

OTCMKTS:KHNGY opened at $56.23 on Tuesday. Kuehne & Nagel International has a 52 week low of $36.80 and a 52 week high of $60.54. 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 simple moving average is $54.79 and its 200 day simple moving average is $49.33. The firm has a market cap of $33.95 billion, a price-to-earnings ratio of 25.33, a P/E/G ratio of 3.39 and a beta of 0.77.

Kuehne & Nagel International (OTCMKTS:KHNGY) last issued its earnings results on Thursday, October 22nd. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.58 by $0.21. Kuehne & Nagel International had a net margin of 3.82% and a return on equity of 43.31%. The company had revenue of $9.09 billion during the quarter, compared to analysts’ expectations of $7.70 billion. As a group, sell-side analysts predict that Kuehne & Nagel International will post 2.28 earnings per share for the current year.

Kuehne & Nagel International Company Profile

Kuehne+Nagel International AG is a Switzerland-based transport and logistics company that helps businesses move, store and manage goods. Its services include sea freight, airfreight, road transport and contract logistics, along with customs clearance and supply chain management solutions.

Founded in Bremen, Germany, in 1890 by August Kühne and Friedrich Nagel, the company developed from a freight-forwarding business into a global logistics provider. It is headquartered in Schindellegi, Switzerland.

Kuehne+Nagel serves customers across international markets and industries, coordinating shipments and logistics operations through its worldwide network.