DSV (OTCMKTS:DSDVY) Shares Gap Up – Time to Buy?

DSV (OTCMKTS:DSDVY)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $119.59, but opened at $127.29. DSV shares last traded at $126.51, with a volume of 2,817 shares.

Analysts Set New Price Targets

A number of research firms recently weighed in on DSDVY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DSV in a research report on Thursday, January 15th. Citigroup restated a “buy” rating on shares of DSV in a research report on Friday, May 1st. Finally, Morgan Stanley restated an “overweight” rating on shares of DSV in a research note on Friday, February 6th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

DSV Trading Up 4.2%

The company has a market cap of $60.58 billion, a price-to-earnings ratio of 39.99, a PEG ratio of 0.83 and a beta of 1.19. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.95 and a quick ratio of 0.92. The business’s 50-day simple moving average is $124.99 and its 200-day simple moving average is $124.91.

DSV (OTCMKTS:DSDVY) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.15. DSV had a net margin of 2.55% and a return on equity of 9.45%. The business had revenue of $11.03 billion during the quarter, compared to analysts’ expectations of $10.89 billion. Research analysts predict that DSV will post 5.23 earnings per share for the current fiscal year.

DSV Company Profile

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.