ASV Holdings Inc (NASDAQ:ASV) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Analysts have set a 1 year consensus target price of $5.00 for the company and are forecasting that the company will post $0.04 EPS for the current quarter, according to Zacks. Zacks has also assigned ASV an industry rank of 76 out of 256 based on the ratings given to related companies.
ASV has been the topic of several analyst reports. ValuEngine upgraded shares of ASV from a “sell” rating to a “hold” rating in a research report on Thursday, April 11th. Zacks Investment Research upgraded shares of ASV from a “sell” rating to a “hold” rating in a research report on Wednesday, June 5th.
NASDAQ:ASV traded down $0.08 during midday trading on Friday, reaching $1.80. 87,454 shares of the stock traded hands, compared to its average volume of 11,822. The stock has a market capitalization of $19.60 million, a price-to-earnings ratio of 15.00 and a beta of 2.64. ASV has a 12-month low of $1.46 and a 12-month high of $8.13. The company has a quick ratio of 0.82, a current ratio of 2.34 and a debt-to-equity ratio of 0.99.
ASV (NASDAQ:ASV) last posted its quarterly earnings results on Friday, March 29th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.04. The business had revenue of $33.08 million during the quarter, compared to analysts’ expectations of $33.10 million. ASV had a negative net margin of 26.04% and a positive return on equity of 0.36%. As a group, analysts expect that ASV will post 0.17 EPS for the current year.
ASV Holdings, Inc designs and manufactures compact construction equipment in North America, Australia, and New Zealand. It offers compact track loader and skid steer loader equipment under the ASV and Terex brands. The company also offers private label original equipment manufacturing services; and pre-and post-sale dealer support, after-sale technical support, and replacement parts.
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