Kuehne & Nagel International (KHNGY) Projected to Announce Earnings on Thursday

Kuehne & Nagel International (OTCMKTS:KHNGY) is projected to release its resultson Thursday, July 23rd. Analysts expect Kuehne & Nagel International to post earnings of $0.55 per share and revenue of $7.5785 billion for the quarter.

Kuehne & Nagel International (OTCMKTS:KHNGY) last posted its quarterly earnings data on Friday, April 24th. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Kuehne & Nagel International had a return on equity of 38.37% and a net margin of 3.52%.The company had revenue of $7.15 billion during the quarter, compared to analysts’ expectations of $7.58 billion. On average, analysts expect Kuehne & Nagel International to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Kuehne & Nagel International Trading Down 1.8%

Shares of KHNGY stock opened at $51.07 on Tuesday. The company has a market capitalization of $30.83 billion, a P/E ratio of 29.02, a price-to-earnings-growth ratio of 4.06 and a beta of 0.75. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $47.71 and its two-hundred day moving average is $46.36. Kuehne & Nagel International has a twelve month low of $36.76 and a twelve month high of $52.38.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Citigroup reiterated a “sell” rating on shares of Kuehne & Nagel International in a research report on Wednesday, April 29th. Zacks Research cut shares of Kuehne & Nagel International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research note on Friday, May 22nd. Finally, Jefferies Financial Group upgraded shares of Kuehne & Nagel International from a “hold” rating to a “buy” rating in a research note on Tuesday, May 5th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

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.