ASV Holdings Inc (NASDAQ:ASV) has been assigned an average broker rating score of 1.00 (Strong Buy) from the three brokers that cover the stock, Zacks Investment Research reports. Three equities research analysts have rated the stock with a strong buy rating.

Brokerages have set a 12 month consensus target price of $10.92 for the company, according to Zacks. Zacks has also given ASV an industry rank of 3 out of 265 based on the ratings given to its competitors.

Several research analysts have recently weighed in on the company. Zacks Investment Research cut ASV from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Barrington Research assumed coverage on ASV in a report on Tuesday, November 21st. They set an “outperform” rating and a $11.25 target price on the stock.

ASV (ASV) traded up $0.05 during mid-day trading on Friday, reaching $8.08. The company had a trading volume of 1,191 shares, compared to its average volume of 5,419. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.79 and a current ratio of 1.91. ASV has a 12 month low of $7.23 and a 12 month high of $9.56.

Institutional investors have recently modified their holdings of the company. S Squared Technology LLC acquired a new position in shares of ASV during the 2nd quarter worth approximately $2,526,000. Pacific Ridge Capital Partners LLC acquired a new position in shares of ASV during the 2nd quarter worth approximately $1,877,000. Kennedy Capital Management Inc. acquired a new position in shares of ASV during the 2nd quarter worth approximately $3,161,000. Manatuck Hill Partners LLC acquired a new position in shares of ASV during the 2nd quarter worth approximately $1,915,000. Finally, Gilder Gagnon Howe & Co. LLC boosted its holdings in shares of ASV by 28.4% during the 3rd quarter. Gilder Gagnon Howe & Co. LLC now owns 1,180,515 shares of the company’s stock worth $9,598,000 after purchasing an additional 261,017 shares during the last quarter. Institutional investors and hedge funds own 41.22% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “ASV Holdings Inc (ASV) Given Consensus Recommendation of “Strong Buy” by Analysts” was originally posted by Watch List News and is the property of of Watch List News. If you are viewing this article on another site, it was illegally copied and republished in violation of United States & international copyright laws. The correct version of this article can be read at https://www.watchlistnews.com/asv-holdings-inc-asv-given-consensus-recommendation-of-strong-buy-by-analysts/1768678.html.

About ASV

ASV Holdings, Inc (ASV) is engaged in designing and manufacturing a range of compact track loader (CTL) and skid steer loader (SSL) equipment for construction, agricultural and forestry industries. The Company manufactures Posi-Track, rubber-tracked CTLs with multi-level suspension. CTLs are compact tracked vehicles with lift arms that functions in wet, muddy, snowy or harsh conditions and where there are slopes and grades, such as in a construction, agriculture or forestry environment.

Get a free copy of the Zacks research report on ASV (ASV)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.