AB Volvo (OTCMKTS:VLVLY – Free Report) – Research analysts at Erste Group Bank upped their FY2027 earnings per share estimates for AB Volvo in a note issued to investors on Tuesday, September 8th. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings of $2.70 per share for the year, up from their previous estimate of $2.67. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for AB Volvo’s current full-year earnings is $2.20 per share.
AB Volvo (OTCMKTS:VLVLY – Get Free Report) last issued its quarterly earnings data on Friday, July 17th. The company reported $0.54 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.54. AB Volvo had a return on equity of 20.16% and a net margin of 7.60%.The business had revenue of $13.09 billion for the quarter, compared to analysts’ expectations of $12.92 billion.
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AB Volvo Stock Down 1.6%
VLVLY stock opened at $34.47 on Monday. The stock has a 50-day simple moving average of $36.15 and a two-hundred day simple moving average of $34.92. AB Volvo has a twelve month low of $26.11 and a twelve month high of $39.62. The firm has a market capitalization of $70.09 billion, a PE ratio of 18.34, a PEG ratio of 0.79 and a beta of 1.18. The company has a quick ratio of 0.82, a current ratio of 1.10 and a debt-to-equity ratio of 0.85.
About AB Volvo
AB Volvo is a Sweden-based industrial company that develops, manufactures and services commercial vehicles, construction equipment, marine and industrial engines, and related financial solutions. Its product portfolio includes heavy-duty trucks, buses and coaches, construction machinery, and power systems for marine and industrial applications.
The company operates through well-known brands including Volvo Trucks, Mack Trucks, Renault Trucks, Volvo Construction Equipment and Volvo Penta.
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