DSV (OTCMKTS:DSDVY) Announces Quarterly Earnings Results

DSV (OTCMKTS:DSDVY) issued its quarterly earnings data on Wednesday. The company reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.08, Zacks reports. DSV had a net margin of 2.41% and a return on equity of 9.38%.

DSV Trading Down 0.5%

DSDVY stock opened at $89.94 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.94 and a current ratio of 0.97. The company’s 50-day simple moving average is $97.57 and its 200 day simple moving average is $112.88. DSV has a 52 week low of $84.51 and a 52 week high of $151.98. The company has a market capitalization of $43.25 billion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 0.75 and a beta of 1.21.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DSDVY. Zacks Research raised DSV from a “strong sell” rating to a “hold” rating in a research report on Monday, September 28th. Royal Bank Of Canada began coverage on DSV in a research note on Thursday, October 15th. They set a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DSV in a research note on Thursday, July 16th. Morgan Stanley reissued an “overweight” rating on shares of DSV in a report on Thursday, July 23rd. Finally, Citigroup restated a “buy” rating on shares of DSV in a research note on Thursday, July 9th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

DSV Company Profile

DSV A/S is a Denmark-based global transport and logistics company. It provides freight forwarding and supply chain services across road, air and sea transportation, as well as contract logistics, warehousing, customs clearance and specialized project transportation.

The company serves businesses across a wide range of industries, including automotive, healthcare, technology, retail and manufacturing. Its international network supports the movement, storage and management of goods in markets throughout Europe, North and South America, Asia-Pacific, the Middle East and Africa.

DSV traces its history to 1976, when it was established in Denmark as a group of road-haulage companies.