DHL Group (OTCMKTS:DHLGY) Announces Earnings Results, Beats Estimates By $0.54 EPS

DHL Group (OTCMKTS:DHLGY) released its earnings results on Wednesday. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.54, Zacks reports. The business had revenue of $25.84 billion for the quarter, compared to analyst estimates of $24.20 billion. DHL Group had a net margin of 4.28% and a return on equity of 16.35%.

DHL Group Trading Down 4.0%

OTCMKTS:DHLGY opened at $32.03 on Thursday. DHL Group has a 12 month low of $21.77 and a 12 month high of $33.44. The company has a current ratio of 0.98, a quick ratio of 0.93 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $71.70 billion, a price-to-earnings ratio of 14.45, a PEG ratio of 1.56 and a beta of 1.20. The firm has a fifty day simple moving average of $31.15 and a two-hundred day simple moving average of $38.99.

Analysts Set New Price Targets

A number of brokerages have weighed in on DHLGY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DHL Group in a report on Wednesday, July 8th. Barclays restated an “overweight” rating on shares of DHL Group in a research report on Tuesday, June 16th. Jefferies Financial Group cut DHL Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 5th. Citigroup reiterated a “buy” rating on shares of DHL Group in a report on Friday, May 8th. Finally, Kepler Capital Markets raised DHL Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 2nd. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, DHL Group has a consensus rating of “Moderate Buy”.

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.