DHL Group (OTCMKTS:DHLGY) Posts Earnings Results, Beats Expectations By $0.46 EPS

DHL Group (OTCMKTS:DHLGY) posted its earnings results on Thursday. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.49 by $0.46, Zacks reports. DHL Group had a return on equity of 16.44% and a net margin of 4.38%.

DHL Group Stock Performance

Shares of DHLGY traded down $0.65 during mid-day trading on Thursday, hitting $33.57. 130,859 shares of the company’s stock were exchanged, compared to its average volume of 187,166. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 1.04. DHL Group has a 52 week low of $24.07 and a 52 week high of $34.31. The stock’s 50-day simple moving average is $32.24 and its 200-day simple moving average is $36.72. The firm has a market cap of $74.56 billion, a price-to-earnings ratio of 11.99, a price-to-earnings-growth ratio of 1.58 and a beta of 1.21.

Wall Street Analysts Forecast Growth

DHLGY has been the subject of several research reports. Citigroup reissued a “neutral” rating on shares of DHL Group in a report on Wednesday, October 21st. Zacks Research lowered DHL Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DHL Group in a report on Tuesday, September 15th. Finally, Royal Bank Of Canada assumed coverage on DHL Group in a research report on Thursday, October 15th. They set a “moderate buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, DHL Group presently has an average rating of “Moderate Buy”.

DHL Group Company Profile

DHL Group, formerly Deutsche Post DHL Group, is a Germany-based logistics and postal services company headquartered in Bonn. It provides international express delivery, freight transportation, contract logistics, supply chain management, and e-commerce fulfillment services for businesses and consumers.

The company operates through several business divisions, including DHL Express, DHL Global Forwarding, Freight, DHL Supply Chain, DHL eCommerce, and the Post & Parcel Germany business.