HSBC Downgrades Kuehne & Nagel International (OTCMKTS:KHNGY) to Moderate Sell

Kuehne & Nagel International (OTCMKTS:KHNGY) was downgraded by research analysts at HSBC from a “hold” rating to a “moderate sell” rating in a research note issued on Wednesday,Zacks.com reports.

KHNGY has been the subject of a number of other research reports. The Goldman Sachs Group upgraded shares of Kuehne & Nagel International from a “strong sell” rating to a “buy” rating in a research report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Kuehne & Nagel International in a report on Thursday, January 15th. Zacks Research raised Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a report on Thursday, November 27th. Citigroup reaffirmed a “sell” rating on shares of Kuehne & Nagel International in a research note on Tuesday, February 10th. Finally, Barclays reissued an “underweight” rating on shares of Kuehne & Nagel International in a research note on Wednesday, January 28th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Kuehne & Nagel International has a consensus rating of “Reduce”.

Kuehne & Nagel International Trading Down 2.7%

Shares of OTCMKTS:KHNGY opened at $45.27 on Wednesday. The company has a market capitalization of $27.33 billion, a PE ratio of 25.58, a PEG ratio of 1.34 and a beta of 0.87. Kuehne & Nagel International has a 12-month low of $36.76 and a 12-month high of $49.66. The business has a 50 day moving average of $45.63 and a two-hundred day moving average of $41.98. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.19.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its earnings results on Tuesday, March 3rd. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate 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 forecast that Kuehne & Nagel International will post 2.31 EPS for the current year.

Kuehne & Nagel International Company Profile

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.