AB Volvo (OTCMKTS:VLVLY) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of AB Volvo (OTCMKTS:VLVLY – Get Free Report) have received a consensus rating of “Moderate Buy” from the eleven analysts that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and four have given a strong buy recommendation to the company.

VLVLY has been the topic of a number of research reports. Pareto Securities upgraded AB Volvo to a “strong-buy” rating in a report on Thursday, June 11th. Erste Group Bank raised AB Volvo to a “strong-buy” rating in a report on Wednesday, August 5th.

Read Our Latest Analysis on AB Volvo

AB Volvo Stock Up 1.4%

VLVLY stock opened at $32.95 on Monday. The company has a market cap of $67.00 billion, a P/E ratio of 17.53, a P/E/G ratio of 0.73 and a beta of 1.18. AB Volvo has a 52 week low of $26.11 and a 52 week high of $39.62. The company’s 50-day moving average price is $35.90 and its 200 day moving average price is $34.69. The company has a current ratio of 1.10, a quick ratio of 0.82 and a debt-to-equity ratio of 0.85.

AB Volvo (OTCMKTS:VLVLY – Get Free Report) last issued its earnings results on Friday, July 17th. The company reported $0.54 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.54. AB Volvo had a net margin of 7.60% and a return on equity of 20.16%. The company had revenue of $13.09 billion during the quarter, compared to analysts’ expectations of $12.92 billion. On average, research analysts expect that AB Volvo will post 2.2 earnings per share for the current fiscal year.

AB Volvo Company Profile

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AB Volvo is a Sweden-based industrial company that develops, manufactures and services commercial vehicles, construction equipment, marine and industrial engines, and related financial solutions. Its product portfolio includes heavy-duty trucks, buses and coaches, construction machinery, and power systems for marine and industrial applications.

The company operates through well-known brands including Volvo Trucks, Mack Trucks, Renault Trucks, Volvo Construction Equipment and Volvo Penta.

Further Reading

Analyst Recommendations for AB Volvo (OTCMKTS:VLVLY)

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