DHL Group (OTCMKTS:DHLGY) Sets New 12-Month High – Still a Buy?

DHL Group Sponsored ADR (OTCMKTS:DHLGY) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $32.51 and last traded at $32.36, with a volume of 281100 shares. The stock had previously closed at $31.91.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on DHLGY shares. Barclays reaffirmed an “overweight” rating on shares of DHL Group in a research note on Tuesday, June 16th. Citigroup reiterated a “buy” rating on shares of DHL Group in a report on Friday, May 8th. Jefferies Financial Group cut DHL Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 5th. Kepler Capital Markets raised DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. Finally, Zacks Research lowered DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

DHL Group Price Performance

The firm has a market capitalization of $72.44 billion, a P/E ratio of 14.60, a P/E/G ratio of 1.69 and a beta of 1.21. The stock’s 50 day simple moving average is $29.28 and its 200 day simple moving average is $42.36. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98.

About DHL Group

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.