Kuehne & Nagel International (OTCMKTS:KHNGY – Get Free Report) was downgraded by stock analysts at The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, Zacks reports.
Other research analysts have also issued research reports about the company. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Royal Bank Of Canada started coverage on Kuehne & Nagel International in a research report on Thursday, October 15th. They issued a “hold” rating for the company. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, October 28th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research note on Tuesday, July 28th. Finally, Zacks Research raised shares of Kuehne & Nagel International from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Kuehne & Nagel International has an average rating of “Hold”.
Read Our Latest Report on Kuehne & Nagel International
Kuehne & Nagel International Price Performance
Shares of OTCMKTS KHNGY opened at $57.26 on Thursday. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.42. The firm has a market cap of $34.57 billion, a P/E ratio of 25.79, a PEG ratio of 3.72 and a beta of 0.77. The company has a 50 day moving average of $54.75 and a 200 day moving average of $49.28. Kuehne & Nagel International has a twelve month low of $36.80 and a twelve month high of $60.54.
Kuehne & Nagel International (OTCMKTS:KHNGY – Get Free Report) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.21. The business had revenue of $9.09 billion for the quarter, compared to the consensus estimate of $7.70 billion. Kuehne & Nagel International had a return on equity of 43.31% and a net margin of 3.82%. As a group, research analysts expect that Kuehne & Nagel International will post 2.28 EPS for the current fiscal year.
Kuehne & Nagel International Company Profile
Kuehne+Nagel International AG is a Switzerland-based transport and logistics company that helps businesses move, store and manage goods. Its services include sea freight, airfreight, road transport and contract logistics, along with customs clearance and supply chain management solutions.
Founded in Bremen, Germany, in 1890 by August Kühne and Friedrich Nagel, the company developed from a freight-forwarding business into a global logistics provider. It is headquartered in Schindellegi, Switzerland.
Kuehne+Nagel serves customers across international markets and industries, coordinating shipments and logistics operations through its worldwide network.
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