DHL Group (OTCMKTS:DHLGY – Get Free Report) released its earnings results on Thursday. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.49 by $0.46, Zacks reports. DHL Group had a net margin of 4.38% and a return on equity of 16.44%.
DHL Group Trading Down 1.9%
DHLGY stock traded down $0.65 during mid-day trading on Thursday, reaching $33.57. 130,859 shares of the stock traded hands, compared to its average volume of 187,166. DHL Group has a 52-week low of $24.07 and a 52-week high of $34.31. The stock’s fifty day moving average is $32.24 and its 200-day moving average is $36.72. The company has a market cap of $74.56 billion, a P/E ratio of 11.99, a P/E/G ratio of 1.58 and a beta of 1.21. The company has a current ratio of 1.03, a quick ratio of 0.98 and a debt-to-equity ratio of 1.04.
Analyst Ratings Changes
Several research analysts have issued reports on the stock. Citigroup restated a “neutral” rating on shares of DHL Group in a research report on Wednesday, October 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DHL Group in a research report on Tuesday, September 15th. Zacks Research lowered DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Finally, Royal Bank Of Canada assumed coverage on DHL Group in a research note on Thursday, October 15th. They set a “moderate buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.
Read Our Latest Report on DHL Group
About DHL Group
DHL Group, formerly Deutsche Post DHL Group, is a Germany-based logistics and postal services company headquartered in Bonn. It provides international express delivery, freight transportation, contract logistics, supply chain management, and e-commerce fulfillment services for businesses and consumers.
The company operates through several business divisions, including DHL Express, DHL Global Forwarding, Freight, DHL Supply Chain, DHL eCommerce, and the Post & Parcel Germany business.
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