DHL Group (OTCMKTS:DHLGY – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.54, Zacks reports. DHL Group had a net margin of 4.28% and a return on equity of 16.35%.
DHL Group Price Performance
Shares of OTCMKTS:DHLGY traded down $1.25 on Wednesday, reaching $32.12. 148,317 shares of the company traded hands, compared to its average volume of 539,111. DHL Group has a fifty-two week low of $21.77 and a fifty-two week high of $33.44. The company’s 50 day moving average is $31.10 and its 200-day moving average is $39.16. The stock has a market capitalization of $71.90 billion, a PE ratio of 14.49, a P/E/G ratio of 1.54 and a beta of 1.20. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.93.
Analysts Set New Price Targets
A number of research analysts have issued reports on DHLGY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DHL Group in a research note on Wednesday, July 8th. Barclays reaffirmed an “overweight” rating on shares of DHL Group in a report on Tuesday, June 16th. Jefferies Financial Group lowered DHL Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 5th. Zacks Research upgraded DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Finally, Citigroup reaffirmed a “buy” rating on shares of DHL Group in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.
About DHL Group
DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.
Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.
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