DHL Group (OTCMKTS:DHLGY) Hits New 12-Month High – What’s Next?

DHL Group Sponsored ADR (OTCMKTS:DHLGY)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $56.38 and last traded at $54.82, with a volume of 3194 shares. The stock had previously closed at $54.94.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of DHL Group in a report on Thursday, December 4th. Zacks Research raised DHL Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 21st. UBS Group upgraded DHL Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 26th. Citigroup restated a “buy” rating on shares of DHL Group in a research report on Friday, November 21st. Finally, Sanford C. Bernstein cut DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

DHL Group Stock Performance

The company has a market capitalization of $65.94 billion, a P/E ratio of 16.02, a price-to-earnings-growth ratio of 1.94 and a beta of 1.22. The business has a 50 day moving average of $51.16 and a 200 day moving average of $47.76. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 0.93.

DHL Group (OTCMKTS:DHLGY) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.13. DHL Group had a return on equity of 15.44% and a net margin of 4.24%.The business had revenue of $23.10 billion for the quarter, compared to analysts’ expectations of $20.19 billion. On average, sell-side analysts predict that DHL Group Sponsored ADR will post 3.01 earnings per share for the current year.

DHL Group Company Profile

DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.