Kuehne & Nagel International (OTCMKTS:KHNGY) Sets New 52-Week High – Should You Buy?

Kuehne & Nagel International Ag (OTCMKTS:KHNGYGet Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $52.27 and last traded at $52.27, with a volume of 200 shares traded. The stock had previously closed at $50.84.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on KHNGY shares. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research note on Wednesday, April 29th. Zacks Research lowered shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a report on Friday, May 22nd. Finally, Jefferies Financial Group upgraded Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Kuehne & Nagel International has a consensus rating of “Hold”.

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Kuehne & Nagel International Stock Performance

The firm has a fifty day moving average price of $47.04 and a 200 day moving average price of $46.07. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.35. The firm has a market cap of $31.46 billion, a PE ratio of 29.60, a price-to-earnings-growth ratio of 3.97 and a beta of 0.75.

Kuehne & Nagel International (OTCMKTS:KHNGYGet Free Report) last announced its quarterly earnings data 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. Kuehne & Nagel International had a net margin of 3.52% and a return on equity of 38.37%. The firm had revenue of $7.15 billion during the quarter, compared to analyst estimates of $7.58 billion. As a group, equities research analysts expect that Kuehne & Nagel International Ag will post 2.14 earnings per share for the current fiscal year.

Kuehne & Nagel International Company Profile

(Get Free Report)

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.

Further Reading

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