Kuehne & Nagel International (OTCMKTS:KHNGY) Cut to “Moderate Sell” at HSBC

HSBC downgraded shares of Kuehne & Nagel International (OTCMKTS:KHNGY) from a hold rating to a moderate sell rating in a research note issued to investors on Wednesday morning,Zacks.com reports.

Other equities analysts have also recently issued research reports about the company. The Goldman Sachs Group raised Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research note on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research report on Tuesday, February 10th. Zacks Research upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 27th. Finally, Barclays reiterated an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Kuehne & Nagel International Stock Performance

Shares of Kuehne & Nagel International stock opened at $44.75 on Wednesday. The stock has a market cap of $27.02 billion, a PE ratio of 25.28, a price-to-earnings-growth ratio of 4.14 and a beta of 0.87. The business has a fifty day simple moving average of $45.64 and a 200-day simple moving average of $42.01. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.19. Kuehne & Nagel International has a 12 month low of $36.76 and a 12 month high of $49.66.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.07). The business had revenue of $7.45 billion for the quarter, compared to analyst estimates of $7.73 billion. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 38.42%. On average, sell-side analysts anticipate that Kuehne & Nagel International will post 2.31 EPS for the current fiscal 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.