DSV (OTCMKTS:DSDVY) Issues Quarterly Earnings Results

DSV (OTCMKTS:DSDVY) posted its quarterly earnings data on Thursday. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.16, Zacks reports. DSV had a net margin of 4.23% and a return on equity of 11.37%. The firm had revenue of $11.19 billion for the quarter, compared to analysts’ expectations of $11.38 billion.

DSV Trading Down 3.4%

Shares of OTCMKTS:DSDVY opened at $106.90 on Friday. The firm has a fifty day moving average of $106.08 and a two-hundred day moving average of $110.85. The firm has a market capitalization of $51.41 billion, a P/E ratio of 36.36, a price-to-earnings-growth ratio of 1.42 and a beta of 1.20. DSV has a 12-month low of $77.78 and a 12-month high of $125.58. The company has a quick ratio of 3.13, a current ratio of 3.25 and a debt-to-equity ratio of 0.53.

Analyst Ratings Changes

DSDVY has been the topic of several research analyst reports. Barclays reiterated an “overweight” rating on shares of DSV in a research report on Monday, August 4th. Zacks Research upgraded shares of DSV from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy”.

DSV Company Profile

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.