Kuehne & Nagel International (OTCMKTS:KHNGY) Shares Gap Up – Should You Buy?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $46.80, but opened at $48.19. Kuehne & Nagel International shares last traded at $48.25, with a volume of 522 shares changing hands.

Analysts Set New Price Targets

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

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Kuehne & Nagel International Stock Performance

The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.35. The stock has a 50 day simple moving average of $46.42 and a 200 day simple moving average of $45.49. The company has a market capitalization of $28.91 billion, a price-to-earnings ratio of 27.21, a P/E/G ratio of 3.74 and a beta of 0.76.

Kuehne & Nagel International (OTCMKTS:KHNGY – Get Free Report) last posted its earnings results on Friday, April 24th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.09. The company had revenue of $7.15 billion for the quarter, compared to analysts’ expectations of $7.58 billion. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%. As a group, analysts anticipate that Kuehne & Nagel International Ag will post 2.14 earnings per share for the current fiscal year.

Kuehne & Nagel International Company Profile

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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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