Kuehne & Nagel International (OTCMKTS:KHNGY) Issues Earnings Results, Beats Estimates By $0.21 EPS

Kuehne & Nagel International (OTCMKTS:KHNGY) posted its quarterly earnings data on Thursday. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.21, Zacks reports. Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 39.21%.

Kuehne & Nagel International Stock Down 2.3%

Shares of OTCMKTS KHNGY traded down $1.29 during trading hours on Thursday, hitting $54.58. The stock had a trading volume of 1,951 shares, compared to its average volume of 8,143. The company has a market capitalization of $32.95 billion, a P/E ratio of 29.66, a P/E/G ratio of 3.46 and a beta of 0.73. The firm’s 50-day moving average price is $53.78 and its two-hundred day moving average price is $49.95. Kuehne & Nagel International has a 52 week low of $36.80 and a 52 week high of $56.79. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.97 and a current ratio of 0.97.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a report on Tuesday, July 28th. Royal Bank Of Canada initiated coverage on Kuehne & Nagel International in a report on Thursday, October 15th. They set a “hold” rating on the stock. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a research report on Friday, July 24th. Finally, Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research note on Friday, July 24th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Kuehne & Nagel International presently has an average rating of “Hold”.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International AG is a global logistics and supply chain management company headquartered in Schindellegi, Switzerland. The company provides transportation and logistics services for businesses across a range of industries, including technology, healthcare, aerospace, automotive, retail and consumer goods.

Its main activities include sea freight, air freight, road logistics and contract logistics. Kuehne+Nagel also offers customs brokerage, warehousing, distribution, supply chain planning and technology-enabled logistics solutions.