The TNT share price has been on a roller coaster ride over the past year. After hitting an all-time high in early 2018, the stock tumbled on concerns about slowing global growth and trade tensions. However, TNT has bounced back in 2019, as investors have bet that the company will benefit from a pickup in economic activity.
TNT share price is down today after the company announced it would be selling its logistics business to French shipping giant, Maersk. TNT has been struggling in recent years and this move is seen as a way to focus on its core express delivery business. Some analysts are skeptical about the sale, noting that TNT’s logistics business is a key part of its operations.
However, others believe that this could be a good move for the company, allowing it to streamline its operations and become more efficient. Only time will tell how this move will affect TNT’s share price in the long run.
Tnt Express Share Price
TNT Express Share Price
It is no secret that the TNT Express share price has been on a bit of a roller coaster ride over the past few years. However, things seem to be stabilising now and the company looks to be in good shape for the future.
Here we take a look at what has happened to the TNT Express share price over recent years and where it might go in the future.
The TNT Express share price reached its all-time high back in 2007 when it hit €60 per share. Since then, things have been pretty volatile with a number of ups and downs.
The global financial crisis hit TNT hard and the share price plummeted to around €10 per share by early 2009. It then recovered somewhat over the next few years but by 2013 it had fallen back down to around €12 per share. Things started to improve from there though and by 2015 the shares were trading above €20 each.
This year has been another tough one for many companies but TNT seems to be weathering the storm reasonably well. The shares are currently trading at around €17 each which is still well below their all-time high but represents decent progress nonetheless. Looking ahead, there are plenty of reasons to be optimistic about TNT’s prospects.
The company is undergoing a major transformation program which should help it boost profitability in the years ahead. With this in mind, it wouldn’t surprise us to see the TNT Express share price start climbing higher once again in the not too distant future.
Credit: www.fool.com.au
Is Tnt a Good Buy?
TNT (NYSE: TNT) is a package delivery and logistics company with operations in more than 200 countries. The company has a market capitalization of $48 billion and generates annual revenue of $30 billion. TNT operates three divisions: Express, Mail, and Freight.
The Express division delivers documents, packages, and freight to businesses and consumers around the world. The Mail division provides postal services to businesses and households in the Netherlands. The Freight division offers logistics solutions for businesses shipping goods by land, sea, or air.
TNT has been struggling in recent years as competition from rivals such as DHL (OTCQX:DGHLY), FedEx (NYSE:FDX), and UPS (NYSE:UPS) intensifies. In addition, the global economic slowdown has hurt demand for express delivery services. As a result, TNT’s operating income has declined from €1.4 billion in 2008 to €1.1 billion in 2012.
Despite these challenges, TNT remains a solid long-term investment due to its strong market position, diversified business model, and commitment to operational efficiency. Moreover, the company is well-positioned to benefit from the growth of e-commerce as customers increasingly turn to online shopping platforms such as Amazon (NASDAQ:AMZN).
Is Tnt Publicly Traded?
Yes, TNT is publicly traded. TNT NV is a holding company that invests in companies that provide express delivery services worldwide. The company was founded in 1970 and is headquartered in Hoofddorp, the Netherlands.
TNT’s businesses include TNT Express, TNT Post Group, and TNT Freight Management. In May 2010, TNT NV merged with FedEx Corporation to form FedEx Express.
Tesserent December 2022 Update
Conclusion
TNT Share Price: TNT Express NV is a Dutch express delivery company. It was formerly an international postal operator, but in recent years it has focused on providing express delivery services. TNT operates in over 200 countries and employs around 160,000 people.
The company is headquartered in Hoofddorp, Netherlands. TNT’s share price is listed on the Amsterdam Stock Exchange.
