DHL Group (OTCMKTS:DHLGY) Cut to “Hold” at Zacks Research

DHL Group (OTCMKTS:DHLGY – Get Free Report) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

DHLGY has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DHL Group in a report on Wednesday, July 8th. Kepler Capital Markets upgraded shares of DHL Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 2nd. Barclays reissued an “overweight” rating on shares of DHL Group in a research report on Tuesday, June 16th. Citigroup downgraded shares of DHL Group from a “buy” rating to a “hold” rating in a research report on Thursday, August 13th. Finally, Jefferies Financial Group lowered shares of DHL Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

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DHL Group Stock Performance

Shares of OTCMKTS DHLGY opened at $33.05 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $73.40 billion, a price-to-earnings ratio of 11.57, a PEG ratio of 1.66 and a beta of 1.20. The stock’s fifty day simple moving average is $31.81 and its 200 day simple moving average is $36.48. DHL Group has a 52-week low of $21.77 and a 52-week high of $33.44.

DHL Group (OTCMKTS:DHLGY – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.54. DHL Group had a return on equity of 16.98% and a net margin of 4.38%.The company had revenue of $25.84 billion for the quarter, compared to analyst estimates of $24.20 billion. As a group, sell-side analysts forecast that DHL Group will post 1.99 earnings per share for the current fiscal year.

DHL Group Company Profile

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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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