DHL Group (OTCMKTS:DHLGY) Reaches New 12-Month High – Here’s Why

DHL Group Sponsored ADR (OTCMKTS:DHLGY) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $56.38 and last traded at $54.82, with a volume of 3194 shares traded. The stock had previously closed at $54.94.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Zacks Research upgraded DHL Group from a “strong sell” rating to a “hold” rating in a research note on Friday, November 21st. UBS Group raised shares of DHL Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 26th. Sanford C. Bernstein lowered shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Citigroup restated a “buy” rating on shares of DHL Group in a research note on Friday, November 21st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of DHL Group in a research note on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold”.

DHL Group Price Performance

The company has a debt-to-equity ratio of 0.93, a current ratio of 0.92 and a quick ratio of 0.87. The business’s 50-day moving average price is $51.53 and its two-hundred day moving average price is $47.86. The firm has a market cap of $65.63 billion, a price-to-earnings ratio of 15.94, a P/E/G ratio of 1.94 and a beta of 1.21.

DHL Group (OTCMKTS:DHLGY) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.13. The firm had revenue of $23.10 billion for the quarter, compared to the consensus estimate of $20.19 billion. DHL Group had a net margin of 4.24% and a return on equity of 15.44%. On average, research analysts forecast that DHL Group Sponsored ADR will post 3.01 EPS 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.