Kuehne & Nagel International (KHNGY) Projected to Post Quarterly Earnings on Friday
by Doug Wharley · The Cerbat GemKuehne & Nagel International (OTCMKTS:KHNGY – Get Free Report) is anticipated to issue its resultson Friday, April 24th. Analysts expect the company to announce earnings of $0.44 per share and revenue of $7.5772 billion for the quarter.
Kuehne & Nagel International (OTCMKTS:KHNGY – Get Free Report) last released its quarterly earnings data on Tuesday, March 3rd. The company reported $0.33 EPS 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 38.68%. The company had revenue of $7.45 billion for the quarter, compared to the consensus estimate of $7.73 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 Stock Up 1.6%
KHNGY opened at $48.91 on Thursday. The firm has a 50-day simple moving average of $45.25 and a two-hundred day simple moving average of $43.10. Kuehne & Nagel International has a 52 week low of $36.76 and a 52 week high of $49.60. The company has a market capitalization of $29.53 billion, a PE ratio of 27.63, a price-to-earnings-growth ratio of 4.14 and a beta of 0.81. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.40.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the stock. Barclays restated an “underweight” rating on shares of Kuehne & Nagel International in a research report on Wednesday, January 28th. 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. Citigroup restated a “sell” rating on shares of Kuehne & Nagel International in a research report on Tuesday, February 10th. HSBC cut shares of Kuehne & Nagel International from a “hold” rating to a “moderate sell” rating in a research report on Wednesday, March 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Kuehne & Nagel International in a research report on Thursday, January 15th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Kuehne & Nagel International has an average rating of “Reduce”.
Read Our Latest Research Report on Kuehne & Nagel International
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.