Kuehne & Nagel International Ag (OTCMKTS:KHNGY) Given Consensus Rating of “Reduce” by Analysts

Shares of Kuehne & Nagel International Ag (OTCMKTS:KHNGY) have received a consensus recommendation of “Reduce” from the six ratings firms that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company.

A number of brokerages have weighed in on KHNGY. The Goldman Sachs Group upgraded Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research note on Wednesday, January 14th. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a research report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th. Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a report on Wednesday, January 28th. Finally, Zacks Research raised shares of Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a report on Thursday, November 27th.

Kuehne & Nagel International Stock Performance

Kuehne & Nagel International stock opened at $46.54 on Thursday. Kuehne & Nagel International has a 1-year low of $36.76 and a 1-year high of $49.66. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $28.10 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 1.41 and a beta of 0.87. The firm’s 50 day simple moving average is $45.60 and its 200 day simple moving average is $41.96.

Kuehne & Nagel International (OTCMKTS:KHNGY) last released its quarterly earnings results on Tuesday, March 3rd. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.07). Kuehne & Nagel International had a net margin of 3.57% and a return on equity of 38.42%. The firm had revenue of $7.45 billion for the quarter, compared to analysts’ expectations of $7.73 billion. As a group, 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 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.