Wall Street analysts expect ASV Holdings Inc (NASDAQ:ASV) to report earnings of $0.05 per share for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for ASV’s earnings, with estimates ranging from $0.04 to $0.05. ASV also posted earnings of $0.05 per share during the same quarter last year. The company is scheduled to announce its next earnings report on Thursday, March 28th.

According to Zacks, analysts expect that ASV will report full year earnings of $0.14 per share for the current fiscal year. For the next financial year, analysts forecast that the company will post earnings of $0.41 per share, with EPS estimates ranging from $0.37 to $0.44. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that cover ASV.

ASV (NASDAQ:ASV) last released its quarterly earnings data on Thursday, November 1st. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.05. The firm had revenue of $32.78 million during the quarter, compared to analysts’ expectations of $34.16 million. ASV had a positive return on equity of 2.30% and a negative net margin of 0.15%.

Several analysts have weighed in on ASV shares. ValuEngine lowered ASV from a “hold” rating to a “sell” rating in a report on Monday, July 30th. Barrington Research reissued a “buy” rating and issued a $9.00 target price on shares of ASV in a report on Wednesday, September 26th. Finally, Roth Capital set a $7.00 target price on ASV and gave the company a “buy” rating in a report on Monday. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. ASV currently has an average rating of “Hold” and an average price target of $7.56.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Shufro Rose & Co. LLC boosted its stake in ASV by 51.7% in the 2nd quarter. Shufro Rose & Co. LLC now owns 132,000 shares of the company’s stock worth $764,000 after buying an additional 45,000 shares during the last quarter. Royce & Associates LP boosted its stake in ASV by 81.4% in the 2nd quarter. Royce & Associates LP now owns 273,590 shares of the company’s stock worth $1,584,000 after buying an additional 122,800 shares during the last quarter. Finally, First Wilshire Securities Management Inc. boosted its stake in ASV by 10.7% in the 2nd quarter. First Wilshire Securities Management Inc. now owns 576,519 shares of the company’s stock worth $3,338,000 after buying an additional 55,709 shares during the last quarter. 47.20% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ:ASV traded up $0.08 during trading hours on Wednesday, hitting $3.55. The company’s stock had a trading volume of 21,544 shares, compared to its average volume of 19,313. The stock has a market capitalization of $31.76 million, a price-to-earnings ratio of 16.14 and a beta of 1.60. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.80 and a current ratio of 2.21. ASV has a 52-week low of $2.93 and a 52-week high of $10.80.

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.

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Earnings History and Estimates for ASV (NASDAQ:ASV)

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