Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Gap Up – Still a Buy?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY) gapped up prior to trading on Friday. The stock had previously closed at $54.44, but opened at $56.7375. Kuehne & Nagel International shares last traded at $56.7375, with a volume of 404 shares trading hands.

Analyst Ratings Changes

KHNGY has been the subject of several analyst reports. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a report on Tuesday, July 28th. Royal Bank Of Canada assumed coverage on shares of Kuehne & Nagel International in a report on Thursday. They issued a “sector perform” rating for the company. Finally, Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Kuehne & Nagel International Trading Up 1.7%

The stock has a market capitalization of $34.23 billion, a PE ratio of 30.82, a PEG ratio of 3.38 and a beta of 0.73. The business’s 50-day moving average is $53.26 and its two-hundred day moving average is $49.66. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.42.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.02. The firm had revenue of $8.22 billion for the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%. On average, analysts predict that Kuehne & Nagel International Ag will post 2.17 earnings per share for the current year.

Kuehne & Nagel International Company Profile

Kuehne+Nagel International AG is a Switzerland-based global logistics company that provides transportation and supply chain management services to businesses worldwide. The company organizes the movement of goods by sea, air, road and rail, serving customers across industries including healthcare, consumer goods, technology, industrial manufacturing and aerospace.

Its services include ocean and air freight forwarding, road logistics, contract logistics, warehousing, distribution, customs clearance and supply chain management.