AB Volvo (publ) (OTCMKTS:VLVLY) Receives Average Rating of “Moderate Buy” from Analysts

AB Volvo (publ) (OTCMKTS:VLVLY) has received a consensus rating of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company.

A number of analysts have recently commented on the company. Citigroup upgraded AB Volvo (publ) to a “hold” rating in a research note on Friday, October 11th. Hsbc Global Res upgraded AB Volvo (publ) to a “strong-buy” rating in a research report on Friday, August 30th. Stifel Nicolaus upgraded AB Volvo (publ) from a “hold” rating to a “buy” rating in a research report on Monday. HSBC upgraded AB Volvo (publ) from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. Finally, Barclays assumed coverage on AB Volvo (publ) in a research report on Wednesday, July 10th. They set an “equal weight” rating on the stock.

AB Volvo (publ) Stock Down 1.1 %

AB Volvo (publ) stock opened at $25.74 on Tuesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.88 and a current ratio of 1.14. The business’s 50-day simple moving average is $25.67 and its two-hundred day simple moving average is $25.78. The company has a market cap of $52.33 billion, a PE ratio of 10.86 and a beta of 1.33. AB Volvo has a fifty-two week low of $19.26 and a fifty-two week high of $30.14.

AB Volvo (publ) (OTCMKTS:VLVLY) last issued its earnings results on Friday, October 18th. The company reported $0.47 EPS for the quarter. AB Volvo (publ) had a return on equity of 32.00% and a net margin of 10.11%. The firm had revenue of $11.23 billion for the quarter. Equities analysts anticipate that AB Volvo will post 2.49 EPS for the current year.

AB Volvo (publ) Company Profile

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands.