Kuehne & Nagel International (OTCMKTS:KHNGY) Hits New 1-Year High – Should You Buy?

Kuehne & Nagel International Ag (OTCMKTS:KHNGY)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $51.82 and last traded at $51.01, with a volume of 9648 shares changing hands. The stock had previously closed at $50.6940.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research note on Wednesday, April 29th. Jefferies Financial Group upgraded Kuehne & Nagel International from a “hold” rating to a “buy” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a research report on Friday, May 22nd. Finally, Zacks Research cut shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 16th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Kuehne & Nagel International has an average rating of “Hold”.

Kuehne & Nagel International Trading Up 0.6%

The company has a fifty day simple moving average of $46.72 and a two-hundred day simple moving average of $45.86. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.35. The company has a market cap of $30.80 billion, a PE ratio of 28.98, a P/E/G ratio of 3.96 and a beta of 0.75.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings data on Friday, April 24th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.09. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%.The business had revenue of $7.15 billion during the quarter, compared to analysts’ expectations of $7.58 billion. Analysts anticipate that Kuehne & Nagel International Ag will post 2.14 EPS for the current year.

Kuehne & Nagel International Company Profile

Kuehne & Nagel International is a global logistics company that provides a wide range of transportation and supply chain services. Its core activities include sea freight and airfreight forwarding, contract logistics and warehousing, as well as overland (road and rail) transportation. The company also offers integrated supply chain management, customs brokerage and value-added services that support complex logistics requirements for shippers and manufacturers.

Founded in 1890 by August Kühne and Friedrich Nagel, Kuehne & Nagel has grown into a multinational logistics provider with a long history in freight forwarding and transport services.