DSV (DSDVY) Expected to Release Earnings on Thursday

DSV (OTCMKTS:DSDVY) is projected to issue its results before the market opens on Thursday, July 30th. Analysts expect DSV to post earnings of $1.20 per share and revenue of $11.3964 billion for the quarter.

DSV (OTCMKTS:DSDVY) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.15. DSV had a return on equity of 9.38% and a net margin of 2.41%.The company had revenue of $11.03 billion for the quarter, compared to analysts’ expectations of $10.89 billion. On average, analysts expect DSV to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

DSV Price Performance

OTCMKTS:DSDVY opened at $106.78 on Wednesday. DSV has a 12 month low of $97.90 and a 12 month high of $151.98. The stock has a 50 day moving average of $121.32 and a two-hundred day moving average of $126.75. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.38. The firm has a market cap of $51.35 billion, a P/E ratio of 33.90, a price-to-earnings-growth ratio of 0.83 and a beta of 1.19.

Analyst Upgrades and Downgrades

DSDVY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a research report on Thursday, July 16th. Citigroup reiterated a “buy” rating on shares of DSV in a research report on Thursday, July 9th. Zacks Research downgraded DSV from a “hold” rating to a “strong sell” rating in a research note on Friday, June 19th. Finally, Morgan Stanley restated an “overweight” rating on shares of DSV in a report on Thursday, July 23rd. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

About DSV

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.