DHL Group (OTCMKTS:DHLGY) Shares Gap Down – Time to Sell?

DHL Group Sponsored ADR (OTCMKTS:DHLGY) shares gapped down prior to trading on Monday. The stock had previously closed at $33.00, but opened at $31.76. DHL Group shares last traded at $32.00, with a volume of 14,269 shares trading hands.

Analyst Ratings Changes

Several research analysts recently issued reports on DHLGY shares. Royal Bank Of Canada assumed coverage on shares of DHL Group in a research report on Thursday. They set a “moderate buy” rating on the stock. Citigroup cut shares of DHL Group from a “buy” rating to a “hold” rating in a research report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DHL Group in a research note on Tuesday, September 15th. Finally, Zacks Research downgraded shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. One research 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 company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

DHL Group Stock Down 2.3%

The firm has a market capitalization of $71.58 billion, a P/E ratio of 11.28, a PEG ratio of 1.52 and a beta of 1.17. The firm’s 50-day moving average is $32.10 and its 200 day moving average is $30.61. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.98 and a current ratio of 1.03.

DHL Group (OTCMKTS:DHLGY) last released its earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.54. DHL Group had a return on equity of 16.44% and a net margin of 4.38%. The business had revenue of $25.84 billion for the quarter, compared to the consensus estimate of $24.20 billion. As a group, equities research analysts predict that DHL Group Sponsored ADR will post 2.00 EPS for the current fiscal year.

DHL Group Company Profile

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.