DSV (OTCMKTS:DSDVY) Sets New 52-Week High – Still a Buy?

DSV (OTCMKTS:DSDVY) reached a new 52-week high on Thursday . The stock traded as high as $139.07 and last traded at $138.95, with a volume of 5497 shares traded. The stock had previously closed at $135.87.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on DSDVY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DSV in a research report on Thursday, January 15th. Zacks Research upgraded DSV from a “strong sell” rating to a “hold” rating in a report on Monday, October 20th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of DSV in a report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

DSV Price Performance

The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.53. The business’s 50-day simple moving average is $124.04 and its 200 day simple moving average is $115.10. The company has a market capitalization of $66.51 billion, a P/E ratio of 47.04, a P/E/G ratio of 1.44 and a beta of 1.32.

DSV (OTCMKTS:DSDVY) last posted its quarterly earnings data on Thursday, October 23rd. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.16. The company had revenue of $11.19 billion during the quarter, compared to the consensus estimate of $11.38 billion. DSV had a net margin of 4.23% and a return on equity of 10.92%. As a group, sell-side analysts anticipate that DSV will post 3.97 EPS for the current year.

About DSV

DSV A/S (OTCMKTS:DSDVY) is a Danish global transport and logistics company that provides end-to-end supply chain solutions to businesses across a wide range of industries. The firm’s core services include road transport, air freight, ocean freight, freight forwarding, contract logistics and warehousing, together with customs clearance, distribution and value‑added services designed to support complex international supply chains.

Founded in the mid-1970s in Denmark, DSV has grown through a mix of organic expansion and strategic acquisitions, notably strengthening its global freight and forwarding capabilities through transactions such as the acquisitions of UTi Worldwide and Panalpina.