DHL Group (OTCMKTS:DHLGY) Posts Quarterly Earnings Results, Beats Expectations By $0.45 EPS

DHL Group (OTCMKTS:DHLGY) announced its quarterly earnings data on Thursday. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.45, Zacks reports. DHL Group had a net margin of 4.28% and a return on equity of 16.35%. The company had revenue of $23.87 billion during the quarter, compared to analysts’ expectations of $23.97 billion.

DHL Group Stock Up 0.9%

DHL Group stock traded up $0.27 during midday trading on Friday, hitting $29.85. 88,562 shares of the stock were exchanged, compared to its average volume of 114,532. The firm has a market cap of $66.82 billion, a P/E ratio of 17.21, a P/E/G ratio of 1.71 and a beta of 1.22. DHL Group has a 1 year low of $20.60 and a 1 year high of $30.59. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.93. The company has a 50 day moving average price of $41.47 and a two-hundred day moving average price of $48.94.

Analysts Set New Price Targets

A number of research firms have issued reports on DHLGY. The Goldman Sachs Group downgraded DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 14th. Barclays raised shares of DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 6th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

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.