DHL Group (OTCMKTS:DHLGY) Reaches New 1-Year High – Here’s Why

DHL Group Sponsored ADR (OTCMKTS:DHLGY) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $56.89 and last traded at $56.89, with a volume of 4294 shares trading hands. The stock had previously closed at $56.04.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on DHLGY shares. Citigroup reaffirmed a “buy” rating on shares of DHL Group in a report on Friday, November 21st. Sanford C. Bernstein cut shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Zacks Research raised shares of DHL Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 21st. The Goldman Sachs Group cut shares of DHL Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 14th. Finally, UBS Group upgraded shares of DHL Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, DHL Group currently has an average rating of “Hold”.

DHL Group Stock Performance

The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 0.93. The stock’s 50-day simple moving average is $54.89 and its 200-day simple moving average is $49.49. The stock has a market cap of $63.14 billion, a price-to-earnings ratio of 17.01, a price-to-earnings-growth ratio of 1.92 and a beta of 1.22.

DHL Group (OTCMKTS:DHLGY) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.88 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $20.19 billion. Analysts forecast that DHL Group Sponsored ADR will post 3.01 earnings per share for the current fiscal 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.