DSV (OTCMKTS:DSDVY) Issues Earnings Results

DSV (OTCMKTS:DSDVY) issued its earnings results on Wednesday. The company reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.08, Zacks reports. DSV had a net margin of 2.41% and a return on equity of 9.38%.

DSV Trading Down 0.5%

Shares of DSV stock opened at $89.94 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.97 and a quick ratio of 0.94. DSV has a 1 year low of $84.51 and a 1 year high of $151.98. The company has a market capitalization of $43.25 billion, a P/E ratio of 27.34, a P/E/G ratio of 0.75 and a beta of 1.21. The business has a 50 day moving average price of $97.57 and a 200 day moving average price of $112.88.

Wall Street Analyst Weigh In

DSDVY has been the topic of several research analyst reports. Morgan Stanley reissued an “overweight” rating on shares of DSV in a research note on Thursday, July 23rd. Royal Bank Of Canada started coverage on DSV in a research note on Thursday, October 15th. They issued a “hold” rating for the company. Zacks Research raised DSV from a “strong sell” rating to a “hold” rating in a research note on Monday, September 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a report on Thursday, July 16th. Finally, Citigroup reiterated a “buy” rating on shares of DSV in a research report on Thursday, July 9th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, DSV currently has an average rating of “Moderate Buy”.

DSV Company Profile

DSV A/S is a Denmark-based global transport and logistics company. It provides freight forwarding and supply chain services across road, air and sea transportation, as well as contract logistics, warehousing, customs clearance and specialized project transportation.

The company serves businesses across a wide range of industries, including automotive, healthcare, technology, retail and manufacturing. Its international network supports the movement, storage and management of goods in markets throughout Europe, North and South America, Asia-Pacific, the Middle East and Africa.

DSV traces its history to 1976, when it was established in Denmark as a group of road-haulage companies.