|Bid||32.98 x 90000|
|Ask||32.99 x 463000|
|Day's Range||32.92 - 33.67|
|52 Week Range||25.18 - 35.00|
|Beta (5Y Monthly)||1.24|
|PE Ratio (TTM)||16.00|
|Earnings Date||Mar 10, 2020|
|Forward Dividend & Yield||1.15 (3.40%)|
|Ex-Dividend Date||May 16, 2019|
|1y Target Est||35.77|
Amazon.com has ordered 40 electric vans from Deutsche Post's StreetScooter unit for deliveries in the German city of Munich as part of the plan to be carbon neutral by 2040, the online retailer said on Wednesday. StreetScooter has also installed 60 charging stations at Amazon's distribution centre outside Munich, Deutsche Post said in a statement. In recent years, Amazon has been building up its own delivery business in Germany, its second biggest market, in a challenge to major logistics firms like Deutsche Post DHL.
DHL was founded in the United States in 1969. Germany's Deutsche Post began acquiring stock in DHL in 1998 and by 2003 absorbed it into its global organization. Today, Deutsche Post DHL Group is a global air cargo integrator sharing the stage with FedEx Corporation (NYSE: FDX) and UPS Inc (NYSE: UPS).
Japanese truck manufacturer Isuzu Motors has reportedly bought UD Trucks, the truck manufacturing unit of Swedish automaker Volvo AB, to develop next-generation technologies like electric and self-driving trucks. Isuzu, which sold over 500,000 vehicles last year, has recently vowed to develop electric vehicles to keep up with consumer demand. Meanwhile, selling off UD Trucks will provide Volvo an added operating income of roughly 2 billion kronor ($212 million) while increasing its cash reserves by 22 billion kronor ($2.3 billion).
When Deutsche Post AG (XTRA:DPW) announced its most recent earnings (30 September 2019), I did two things: looked at...
Low-priced stocks are typically cheap for a reason. But Wall Street has been known to be wrong on occasion. And if 2020 plays out anything like 2019 has for Plug Power (NASDAQ:PLUG), there's plenty of fuel in the tank for PLUG stock investors to enjoy a profitable ride. Let me explain.Source: Shutterstock Stocks priced below $3 a share generally have some kind of observable and undesirable issues weighing on them. And stocks trading under $1? There's obviously even more determined fear on the part of investors regarding a company's ability to survive, let alone thrive. But PLUG stock may be one alternative energy company Wall Street is wrong about.At the height of 2018's broad-based, risk-off trade, which coincidentally finished as a gift for bulls on Dec. 24, PLUG stock traded as low as 99 cents. Nearly a year later and with investors feeling their collective oats, shares of Plug Power are up nearly 240% at $3.39 in front of the abbreviated Thanksgiving-driven work week.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe better news is Plug Power's rally doesn't entirely rest on 2019's less-challenged investing climate floating shares to less speculative levels above $3. The fact is the hydrogen fueling specialist has plans of reaching $1 billion in sales within four years. More importantly, Plug Power is executing on these plans. * 7 Earnings Reports to Watch Next Week Customers ranging from Amazon (NASDAQ:AMZN) to Walmart (NYSE:WMT) are already using Plug Power's hydrogen fuel cell (HFC) technology with forklifts to support their commercial operations. It's big business with more than 23,000 fuel cell-powered forklift operations currently in the United States. The buck doesn't stop there either.PLUG's positioning within this market is impressive and growing overseas as well. The company is partnering with Deutsche Post's (OTCMKTS:DPSGY) DHL delivery service to power its StreetScooter vans with HFCs. More recently, Plug Power stock announced an expanded relationship with Europe's FM Logistic to supply its hydrogen capacity for the next five years.Needless to say, the agreement with FM Logistic is a strong sign of the company's continued commitment to lessening its carbon footprint, increasing productivity and efficiency and achieving those goals with Plug Power. What's more, sporting a market cap of just under $900 million, I'm okay with Tesla's (NASDAQ:TSLA) Elon Musk taking a swipe at fuel cell electric vehicles. The observation from this strategist is investors in PLUG stock need only focus on the price chart and riding a position to profitability. PLUG Stock Weekly ChartSource: Chart Courtesy of Tradingview.comTo be clear and today's share price aside, Plug stock is still a speculative investment. As InvestorPlace's Thomas Niel recently warned, if Plug's bold revenue goals aren't met shareholder dilution is a real and highly undesirable possibility. Still, PLUG stock's rally does look very promising. * 7 Tech Industry Dividend Stocks for Growth and Income The monthly view of Plug shares shows this year's rally challenged prior key support dating back to 2014's failed spike in the stock. This line in the sand remains resistance. But after three years of lateral consolidation work and with PLUG stock's Bollinger Band just beginning to open up, I'm positive on shares entering 2020.PLUG Stock Strategy: I'd recommend buying PLUG on a second attempt breakout above resistance if shares clear $3.77. It's a momentum-based strategy and given the circumstances, it makes more sense than trying to purchase still-elusive value. To contain long stock exposure, taking initial profits around $5.00 - $5.25 in PLUG looks good. This area is near the 38% retracement level and reduces position risk without fear of bulls getting ahead of themselves and left holding the bag. Similarly, pulling "the plug" on Plug Power stock on a failure of $3 looks like equally smart business off and on the price chart.Disclosure: Investment accounts under Christopher Tyler's management own positions in Plug Power (PLUG) and its derivatives, but no other securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies, related musings or to ask a question, you can find and follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Using Artificial Intelligence to Outperform the Market * 7 Earnings Reports to Watch Next Week * 6 Retail Stocks Dropping Hard Ahead of Black Friday The post The Best Way to Play Plug Power Stock Into 2020 appeared first on InvestorPlace.
DHL Express has opened a new logistics center in western Germany that will help meet the rising demand across Europe for express e-commerce shipments. Located at Cologne-Bonn Airport, the 15,000-square meter (m²) hub features cutting edge sorting technology and entailed an investment by DHL of 123 million euros ($136 million). "We expect continued growth in the coming years, especially in cross-border e-commerce trade," explained Travis Cobb, DHL Express' Executive Vice President of Global Network Operations.
Deutsche Post DHL Group (STOCK.DPSGY) has opened a new mega parcel center in Germany as it continues to strengthen its parcel network in Europe. In 2016, Deutsche Post DHL Group acquired approximately 140,000 square meters of space at the former Opel site in Bochum-Laer. Construction of the parcel center began in fall 2017 and was completed on schedule within two years.
Investors in Deutsche Post AG (ETR:DPW) had a good week, as its shares rose 3.9% to close at €34.20 following the...
Amazon.com is lowering the fee it charges in Germany for delivering groceries through its Fresh service and allowing its Prime subscribers to pay per order instead of committing to monthly membership, the U.S. company said on Thursday. Amazon said last month it would eliminate its grocery delivery charge for Prime members in the United States and make shopping easier by combining AmazonFresh and Whole Foods Market ordering on a single site, as it battles rival grocery sellers. On Thursday, Amazon said it would cut the monthly membership fee for Fresh in Germany to 7.99 euros ($8.80) from 9.99 euros and also reduce the additional delivery fee for orders worth less than 40 euros to 3.99 euros from a previous 5.99 euros.
German logistics and mail giant Deutsche Post DHL Group (OTCMKTS: DPSGY) reported a 4.7% year-on-year increase in third-quarter revenue on November 12, boosted by gains in its intra-German parcel and its international air express businesses. Operating profit, measured as earnings before interest and taxes (EBIT), nearly tripled from the year-earlier period despite a one-time charge taken by its newly separated German post and parcel division. The Bonn-based concern reaffirmed its 2020 EBIT target at $4.4 billion to $4.7 billion.
The logistics-start-up, a subsidiary of Deutsche Post DHL Group, will use South Africa as a "launch-pad" into Sub-Saharan Africa for its digital trucking solutions. Southern Africa relies heavily on road freight, but trucking operations are fragmented.
Logistics giant Deutsche Post DHL Group announced its new five-year group strategy where it has set aside €2 billion ($2.178 billion) for investing in the end-to-end digitalization of its logistics operations. "Deutsche Post DHL Group has never been in better shape. The DHL Group consists of five distinct and diversified logistics portfolios that include Post & Parcel Germany (P&P), Express, Global Forwarding, Freight (DGFF), Supply Chain and eCommerce Solutions.
Deutsche Post DHL set a new target for an operating profit of 5.3 billion euros ($5.77 billion) for 2022 and said it would invest heavily in areas like warehouse automation and analytics as it seeks to keep up with fast-growing ecommerce. The German post and logistics group has been trying to boost profits by restructuring and hiking prices after missing targets in 2018, allowing it to lift its forecast for 2019 in August despite global trade tensions. While letter shipments are in long-term decline, Deutsche Post has enjoyed a boom in parcel volumes thanks to the rapid growth of ecommerce, but costs have risen due to a tight labor market and higher German tolls on trucks.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Deutsche Post AG and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Deutsche Post DHL will hike parcel prices next year for business customers with individually agreed conditions due to rises in transport and labor costs, the German logistics group said on Thursday. The partly state-owned company hit business customers who pay list prices with higher rates earlier this year, helping it to lift guidance for full-year operating profit. Deutsche Post DHL announced in March it would invest an extra 150 million euros ($166 million) a year in staff, automation and infrastructure as it seeks to keep pace with rising parcel volumes due to booming ecommerce.