Kuehne & Nagel International (OTCMKTS:KHNGY) Downgraded by Zacks Research to Hold

Zacks Research cut shares of Kuehne & Nagel International (OTCMKTS:KHNGY) from a strong-buy rating to a hold rating in a report released on Tuesday morning,Zacks.com reports.

A number of other research firms also recently commented on KHNGY. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a report on Friday, May 22nd. HSBC downgraded Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a report on Wednesday, March 4th. Finally, Jefferies Financial Group upgraded Kuehne & Nagel International from a “hold” rating to a “buy” rating in a 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. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Kuehne & Nagel International Stock Performance

Kuehne & Nagel International stock opened at $45.82 on Tuesday. The stock’s 50-day moving average is $46.43 and its 200-day moving average is $45.24. The company has a market cap of $27.66 billion, a price-to-earnings ratio of 26.03, a price-to-earnings-growth ratio of 3.77 and a beta of 0.76. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.03 and a quick ratio of 1.03. Kuehne & Nagel International has a 12 month low of $36.76 and a 12 month high of $51.00.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings data on Friday, April 24th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. The company had revenue of $7.15 billion for the quarter, compared to the consensus estimate of $7.58 billion. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%. Equities analysts anticipate that Kuehne & Nagel International will post 2.14 earnings per share 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.