DHL Group (OTCMKTS:DHLGY) Rating Lowered to “Hold” at Zacks Research

DHL Group (OTCMKTS:DHLGY) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Other equities analysts have also issued reports about the stock. Jefferies Financial Group lowered shares of DHL Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 5th. Barclays reiterated an “overweight” rating on shares of DHL Group in a report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DHL Group in a research report on Wednesday, July 8th. Citigroup downgraded DHL Group from a “buy” rating to a “hold” rating in a research note on Thursday, August 13th. Finally, Kepler Capital Markets raised DHL Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, DHL Group presently has a consensus rating of “Hold”.

DHL Group Stock Down 0.3%

OTCMKTS:DHLGY opened at $33.05 on Tuesday. The company’s 50-day simple moving average is $31.81 and its 200-day simple moving average is $36.48. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98. DHL Group has a fifty-two week low of $21.77 and a fifty-two week high of $33.44. The stock has a market capitalization of $73.40 billion, a P/E ratio of 11.57, a P/E/G ratio of 1.66 and a beta of 1.20.

DHL Group (OTCMKTS:DHLGY) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.51 by $0.54. DHL Group had a net margin of 4.38% and a return on equity of 16.98%. The firm had revenue of $25.84 billion during the quarter, compared to analyst estimates of $24.20 billion. On average, equities analysts anticipate that DHL Group will post 1.99 earnings per share for the current fiscal year.

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.