Kuehne & Nagel International (OTCMKTS:KHNGY) Reaches New 12-Month High – What’s Next?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $55.13 and last traded at $55.13, with a volume of 237 shares. The stock had previously closed at $54.5010.

Wall Street Analysts Forecast Growth

KHNGY has been the subject of several recent analyst reports. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a report on Friday, July 24th. Jefferies Financial Group raised shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research report on Tuesday, July 28th. Zacks Research downgraded shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Finally, Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Two equities research analysts have rated the stock with 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, the stock currently has an average rating of “Hold”.

Kuehne & Nagel International Stock Down 0.6%

The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a fifty day simple moving average of $50.45 and a 200-day simple moving average of $47.46. The firm has a market cap of $33.07 billion, a price-to-earnings ratio of 29.77, a P/E/G ratio of 3.70 and a beta of 0.75.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings data on Thursday, July 23rd. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. The firm had revenue of $8.22 billion for the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%. As a group, sell-side analysts expect that Kuehne & Nagel International Ag will post 2.15 EPS for the current year.

About Kuehne & Nagel International

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.