ASV (NASDAQ:ASV)‘s stock had its “buy” rating restated by equities researchers at Barrington Research in a research note issued on Wednesday. They presently have a $9.00 price target on the stock. Barrington Research’s price target indicates a potential upside of 81.82% from the company’s current price.

Other equities analysts have also issued reports about the stock. Zacks Investment Research raised shares of ASV from a “sell” rating to a “hold” rating in a report on Tuesday, July 17th. Seaport Global Securities set a $9.00 price target on shares of ASV and gave the stock a “buy” rating in a report on Monday, August 13th. ValuEngine raised shares of ASV from a “sell” rating to a “hold” rating in a report on Monday, August 13th. Finally, Roth Capital set a $9.00 price target on shares of ASV and gave the stock a “buy” rating in a report on Saturday, August 11th. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $9.06.

NASDAQ ASV opened at $4.95 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.76 and a current ratio of 2.15. ASV has a 12-month low of $4.75 and a 12-month high of $10.80. The firm has a market capitalization of $51.13 million, a price-to-earnings ratio of 22.50 and a beta of -0.44.

ASV (NASDAQ:ASV) last released its quarterly earnings results on Thursday, August 9th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.10). ASV had a positive return on equity of 2.33% and a negative net margin of 0.21%. The firm had revenue of $31.86 million during the quarter, compared to analysts’ expectations of $38.53 million. sell-side analysts anticipate that ASV will post 0.17 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Shufro Rose & Co. LLC grew its holdings in shares of ASV by 51.7% during the second quarter. Shufro Rose & Co. LLC now owns 132,000 shares of the company’s stock valued at $764,000 after buying an additional 45,000 shares during the last quarter. First Wilshire Securities Management Inc. grew its holdings in shares of ASV by 10.7% during the second quarter. First Wilshire Securities Management Inc. now owns 576,519 shares of the company’s stock valued at $3,338,000 after buying an additional 55,709 shares during the last quarter. Finally, Royce & Associates LP grew its holdings in shares of ASV by 81.4% during the second quarter. Royce & Associates LP now owns 273,590 shares of the company’s stock valued at $1,584,000 after buying an additional 122,800 shares during the last quarter. 47.15% of the stock is currently owned by hedge funds and other institutional investors.

About ASV

ASV Holdings, Inc designs and manufactures compact construction equipment in North America, Australia, and New Zealand. It offers compact track loader and skid steer loader equipment under the ASV and Terex brands. The company also offers private label original equipment manufacturing services; and pre-and post-sale dealer support, after-sale technical support, and replacement parts.

Featured Story: Find a Trading Strategy That Works

Receive News & Ratings for ASV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASV and related companies with MarketBeat.com's FREE daily email newsletter.