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

Brokerages have set a twelve-month consensus price objective of $4.50 for the company and are anticipating that the company will post $0.03 EPS for the current quarter, according to Zacks. Zacks has also given ASV an industry rank of 194 out of 256 based on the ratings given to related companies.

Several equities analysts have recently weighed in on the company. Barrington Research reiterated a “buy” rating and issued a $5.00 price target on shares of ASV in a research report on Thursday, February 7th. ValuEngine upgraded ASV from a “sell” rating to a “hold” rating in a research report on Thursday, April 11th. Finally, Zacks Investment Research cut ASV from a “hold” rating to a “sell” rating in a research report on Wednesday, April 10th.

NASDAQ:ASV traded up $0.01 during trading hours on Tuesday, reaching $2.13. The stock had a trading volume of 5,473 shares, compared to its average volume of 12,159. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.34 and a quick ratio of 0.82. ASV has a 12-month low of $1.99 and a 12-month high of $8.13. The company has a market capitalization of $21.08 million, a P/E ratio of 17.75 and a beta of 2.84.

ASV (NASDAQ:ASV) last released its earnings results on Friday, March 29th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.04. The business had revenue of $33.08 million during the quarter, compared to the consensus estimate of $33.10 million. ASV had a positive return on equity of 0.36% and a negative net margin of 26.04%. As a group, analysts anticipate that ASV will post 0.14 earnings per share for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in ASV. Deutsche Bank AG bought a new stake in ASV during the fourth quarter valued at $26,000. Quantum Capital Management boosted its stake in 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 buying an additional 10,372 shares during the period. Beddow Capital Management Inc. boosted its stake in 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 buying an additional 5,000 shares during the period. Shufro Rose & Co. LLC boosted its stake in ASV by 27.7% during the first quarter. Shufro Rose & Co. LLC now owns 146,867 shares of the company’s stock valued at $404,000 after buying an additional 31,900 shares during the period. Finally, WealthTrust Axiom LLC boosted its stake in 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 buying an additional 91,458 shares during the period. Institutional investors own 40.38% of the company’s stock.

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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