DHL Group (OTCMKTS:DHLGY) Lowered to Hold Rating by Sanford C. Bernstein

DHL Group (OTCMKTS:DHLGY) was downgraded by stock analysts at Sanford C. Bernstein from a “strong-buy” rating to a “hold” rating in a report released on Friday,Zacks.com reports.

Other analysts also recently issued reports about the stock. Zacks Research downgraded shares of DHL Group from a “hold” rating to a “strong sell” rating in a report on Thursday, October 16th. Citigroup reaffirmed a “buy” rating on shares of DHL Group in a research note on Wednesday, October 1st. Kepler Capital Markets downgraded DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 22nd. Finally, Deutsche Bank Aktiengesellschaft lowered DHL Group from a “buy” rating to a “hold” rating in a report on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, DHL Group presently has a consensus rating of “Hold”.

DHL Group Stock Performance

DHLGY stock opened at $50.16 on Friday. DHL Group has a 1-year low of $33.89 and a 1-year high of $50.18. The company has a current ratio of 0.95, a quick ratio of 0.90 and a debt-to-equity ratio of 0.95. The firm has a market cap of $60.19 billion, a PE ratio of 15.48, a P/E/G ratio of 1.96 and a beta of 1.21. The business’s 50-day moving average price is $45.47 and its two-hundred day moving average price is $45.45.

DHL Group (OTCMKTS:DHLGY) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.13. DHL Group had a return on equity of 14.92% and a net margin of 4.11%.The company had revenue of $23.10 billion during the quarter, compared to the consensus estimate of $20.19 billion. As a group, research analysts forecast that DHL Group will post 3.01 earnings per share for the current year.

About DHL Group

Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.