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

Brokerages have set a twelve-month consensus price target of $9.00 for the company and are predicting that the company will post $0.05 earnings per share for the current quarter, according to Zacks. Zacks has also given ASV an industry rank of 203 out of 255 based on the ratings given to related companies.

Several research firms have recently weighed in on ASV. Zacks Investment Research upgraded ASV from a “sell” rating to a “hold” rating in a research report on Monday. Seaport Global Securities set a $9.00 price objective on ASV and gave the stock a “buy” rating in a research report on Monday, August 13th. ValuEngine upgraded ASV from a “sell” rating to a “hold” rating in a research report on Friday, July 20th. Barrington Research reiterated a “buy” rating and set a $9.00 price objective on shares of ASV in a research report on Wednesday, September 26th. Finally, Roth Capital set a $9.00 price objective on ASV and gave the stock a “buy” rating in a research report on Saturday, August 11th.

Institutional investors have recently made changes to their positions in the stock. Shufro Rose & Co. LLC lifted its position in ASV by 51.7% during the second 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 in the last quarter. Royce & Associates LP lifted its position in ASV by 81.4% during the second 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 in the last quarter. Finally, First Wilshire Securities Management Inc. lifted its position in ASV by 10.7% during the second 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 in the last quarter. Hedge funds and other institutional investors own 47.15% of the company’s stock.

Shares of NASDAQ ASV traded down $0.21 during midday trading on Thursday, hitting $4.29. The stock had a trading volume of 900 shares, compared to its average volume of 17,610. The company has a market cap of $48.68 million, a PE ratio of 19.50 and a beta of -0.31. ASV has a 1 year low of $4.16 and a 1 year high of $10.80. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.15 and a quick ratio of 0.76.

ASV (NASDAQ:ASV) last released its earnings results on Thursday, August 9th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.10). The firm had revenue of $31.86 million during the quarter, compared to analysts’ expectations of $38.53 million. ASV had a negative net margin of 0.21% and a positive return on equity of 2.33%. On average, equities research analysts anticipate that ASV will post 0.17 EPS for the current fiscal year.

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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