ASV Holdings Inc (NASDAQ:ASV) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.

Brokerages have set a 1-year consensus target price of $6.00 for the company and are expecting that the company will post $0.02 earnings per share for the current quarter, according to Zacks. Zacks has also assigned ASV an industry rank of 47 out of 255 based on the ratings given to its competitors.

Several analysts recently weighed in on the company. Barrington Research set a $9.00 price objective on ASV and gave the company a “buy” rating in a research note on Tuesday, October 23rd. Zacks Investment Research raised ASV from a “sell” rating to a “hold” rating in a research note on Wednesday, December 5th. Roth Capital set a $7.00 price target on ASV and gave the company a “buy” rating in a research note on Monday, November 5th. Finally, ValuEngine raised ASV from a “sell” rating to a “hold” rating in a research note on Thursday, November 8th.

Several hedge funds have recently made changes to their positions in ASV. WealthTrust Axiom LLC boosted its stake in shares of ASV by 77.6% during the fourth quarter. WealthTrust Axiom LLC now owns 209,258 shares of the company’s stock valued at $418,000 after purchasing an additional 91,458 shares in the last quarter. Royce & Associates LP boosted its stake in shares of ASV by 8.3% during the fourth quarter. Royce & Associates LP now owns 296,390 shares of the company’s stock valued at $593,000 after purchasing an additional 22,800 shares in the last quarter. First Wilshire Securities Management Inc. boosted its stake in shares of ASV by 3.3% during the fourth quarter. First Wilshire Securities Management Inc. now owns 601,938 shares of the company’s stock valued at $1,204,000 after purchasing an additional 19,492 shares in the last quarter. Quantum Capital Management boosted its stake in shares of ASV by 100.7% during the fourth quarter. Quantum Capital Management now owns 20,667 shares of the company’s stock valued at $41,000 after purchasing an additional 10,372 shares in the last quarter. Finally, Beddow Capital Management Inc. boosted its stake in shares of ASV by 23.8% during the fourth quarter. Beddow Capital Management Inc. now owns 26,032 shares of the company’s stock valued at $52,000 after purchasing an additional 5,000 shares in the last quarter. 45.35% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ:ASV traded down $0.17 during trading hours on Monday, hitting $3.63. The company’s stock had a trading volume of 9,074 shares, compared to its average volume of 14,693. The firm has a market capitalization of $35.70 million, a PE ratio of 16.50 and a beta of 3.01. The company has a quick ratio of 0.80, a current ratio of 2.21 and a debt-to-equity ratio of 0.41. ASV has a twelve month low of $1.99 and a twelve month high of $9.16.

ASV Company Profile

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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