Kuehne & Nagel International (OTCMKTS:KHNGY) Downgraded to “Moderate Sell” Rating by HSBC

HSBC downgraded shares of Kuehne & Nagel International (OTCMKTS:KHNGY) from a hold rating to a moderate sell rating in a report issued on Wednesday,Zacks.com reports.

Other equities analysts have also recently issued reports about the stock. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. The Goldman Sachs Group raised shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research report on Wednesday, January 14th. Zacks Research raised shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 27th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th. Finally, Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a report on Tuesday, February 10th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Kuehne & Nagel International has an average rating of “Reduce”.

Kuehne & Nagel International Trading Down 2.6%

OTCMKTS:KHNGY traded down $1.22 during mid-day trading on Wednesday, hitting $45.32. The company had a trading volume of 11,605 shares, compared to its average volume of 8,187. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 0.88. Kuehne & Nagel International has a fifty-two week low of $36.76 and a fifty-two week high of $49.66. The firm has a market cap of $27.36 billion, a P/E ratio of 25.60, a P/E/G ratio of 1.41 and a beta of 0.87. The business’s fifty day moving average is $45.60 and its two-hundred day moving average is $41.96.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Tuesday, March 3rd. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.07). Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 38.42%. The company had revenue of $7.45 billion during the quarter, compared to the consensus estimate of $7.73 billion. As a group, research analysts expect that Kuehne & Nagel International will post 2.31 earnings per share for the current year.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International is a global logistics company that provides a wide range of transportation and supply chain services. Its core activities include sea freight and airfreight forwarding, contract logistics and warehousing, as well as overland (road and rail) transportation. The company also offers integrated supply chain management, customs brokerage and value-added services that support complex logistics requirements for shippers and manufacturers.

Founded in 1890 by August Kühne and Friedrich Nagel, Kuehne & Nagel has grown into a multinational logistics provider with a long history in freight forwarding and transport services.