DHL Group (OTCMKTS:DHLGY) Shares Gap Up – Still a Buy?

DHL Group Sponsored ADR (OTCMKTS:DHLGY)’s share price gapped up prior to trading on Monday . The stock had previously closed at $25.3110, but opened at $26.67. DHL Group shares last traded at $25.36, with a volume of 4,798 shares.

Analysts Set New Price Targets

DHLGY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of DHL Group in a research report on Thursday, December 4th. Barclays raised shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 6th. Finally, The Goldman Sachs Group downgraded shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 14th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

DHL Group Stock Up 3.5%

The firm has a 50-day moving average price of $54.39 and a two-hundred day moving average price of $51.59. The firm has a market cap of $58.67 billion, a price-to-earnings ratio of 15.12, a price-to-earnings-growth ratio of 1.50 and a beta of 1.21. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.87 and a current ratio of 0.92.

DHL Group (OTCMKTS:DHLGY) last announced its quarterly earnings results on Thursday, March 5th. The company reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.15 by ($0.10). DHL Group had a net margin of 4.24% and a return on equity of 15.88%. The business had revenue of $25.72 billion during the quarter, compared to analyst estimates of $22.51 billion. On average, sell-side analysts forecast 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.