Kuehne & Nagel International (OTCMKTS:KHNGY) Upgraded at Zacks Research

Zacks Research upgraded shares of Kuehne & Nagel International (OTCMKTS:KHNGY) from a strong sell rating to a hold rating in a research note released on Thursday morning,Zacks.com reports.

Several other research firms also recently commented on KHNGY. Citigroup reissued a “sell” rating on shares of Kuehne & Nagel International in a research note on Wednesday, October 29th. Barclays cut shares of Kuehne & Nagel International from an “equal weight” rating to a “strong sell” rating in a research note on Thursday, October 30th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research report on Wednesday, October 29th. Finally, BNP Paribas upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 17th. Three equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Kuehne & Nagel International Stock Up 1.3%

Shares of OTCMKTS KHNGY opened at $40.10 on Thursday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.20. Kuehne & Nagel International has a 12 month low of $36.76 and a 12 month high of $49.66. The firm has a market capitalization of $24.21 billion, a price-to-earnings ratio of 19.95, a PEG ratio of 1.10 and a beta of 0.92. The business has a 50-day moving average of $38.42 and a 200-day moving average of $41.48.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings data on Thursday, October 23rd. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.04). The firm had revenue of $7.55 billion for the quarter, compared to analysts’ expectations of $7.34 billion. Kuehne & Nagel International had a return on equity of 38.53% and a net margin of 4.01%. Sell-side analysts expect that Kuehne & Nagel International will post 2.31 earnings per share for the current fiscal year.

About Kuehne & Nagel International

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics. It offers less-than-container load, reefer and project logistics, and flexible container shipping solutions.