DHL Group (OTCMKTS:DHLGY) Posts Quarterly Earnings Results, Beats Estimates By $0.13 EPS

DHL Group (OTCMKTS:DHLGY) announced its quarterly earnings data on Thursday. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.13, Zacks reports. The firm had revenue of $23.10 billion during the quarter, compared to analyst estimates of $20.19 billion. DHL Group had a return on equity of 14.92% and a net margin of 4.11%.

DHL Group Price Performance

Shares of OTCMKTS DHLGY opened at $50.16 on Friday. The company has a fifty day moving average price of $45.47 and a 200 day moving average price of $45.45. The firm has a market cap of $60.19 billion, a PE ratio of 15.48, a PEG ratio of 1.96 and a beta of 1.21. The company has a current ratio of 0.95, a quick ratio of 0.90 and a debt-to-equity ratio of 0.95. DHL Group has a 1-year low of $33.89 and a 1-year high of $50.18.

Analysts Set New Price Targets

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

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.