Kuehne & Nagel International (OTCMKTS:KHNGY) Sets New 52-Week High – Should You Buy?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY – Get Free Report) reached a new 52-week high on Thursday . The stock traded as high as $51.38 and last traded at $51.38, with a volume of 307 shares. The stock had previously closed at $49.4550.

Wall Street Analysts Forecast Growth

KHNGY has been the topic of a number of research analyst reports. HSBC lowered Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a report on Wednesday, March 4th. Jefferies Financial Group upgraded shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research report on Friday, May 22nd. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Finally, Zacks Research downgraded shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 16th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

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Kuehne & Nagel International Trading Up 3.8%

The stock has a market cap of $31.00 billion, a P/E ratio of 29.18, a PEG ratio of 3.80 and a beta of 0.76. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.03. The business’s 50 day simple moving average is $46.51 and its 200 day simple moving average is $45.67.

Kuehne & Nagel International (OTCMKTS:KHNGY – Get Free Report) last released its quarterly earnings data on Friday, April 24th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.09. The company had revenue of $7.15 billion for the quarter, compared to analyst estimates of $7.58 billion. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%. On average, analysts expect that Kuehne & Nagel International Ag will post 2.13 earnings per share for the current fiscal year.

Kuehne & Nagel International Company Profile

(Get Free Report)

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.

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