DSV (OTCMKTS:DSDVY) Posts Earnings Results, Misses Expectations By $0.07 EPS

DSV (OTCMKTS:DSDVY) announced its quarterly earnings data on Wednesday. The company reported $1.13 earnings per share for the quarter, missing the consensus estimate of $1.20 by ($0.07), Zacks reports. DSV had a net margin of 2.55% and a return on equity of 9.45%.

DSV Price Performance

DSV stock opened at $127.81 on Wednesday. The stock’s 50 day moving average is $122.74 and its 200 day moving average is $127.49. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.95 and a quick ratio of 0.92. DSV has a one year low of $97.90 and a one year high of $151.98. The firm has a market cap of $61.46 billion, a P/E ratio of 40.57, a P/E/G ratio of 0.92 and a beta of 1.19.

Analyst Upgrades and Downgrades

Several research firms have commented on DSDVY. Citigroup reissued a “buy” rating on shares of DSV in a report on Thursday, July 9th. Zacks Research cut shares of DSV from a “hold” rating to a “strong sell” rating in a research note on Friday, June 19th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a research report on Thursday, July 16th. Four investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

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.