DSV (OTCMKTS:DSDVY) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS

DSV (OTCMKTS:DSDVY) issued its earnings results on Wednesday. The company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.08, Zacks reports. DSV had a net margin of 2.41% and a return on equity of 9.38%.

DSV Price Performance

Shares of OTCMKTS DSDVY opened at $89.94 on Wednesday. The firm has a market capitalization of $43.25 billion, a P/E ratio of 27.34, a PEG ratio of 0.75 and a beta of 1.21. DSV has a one year low of $84.51 and a one year high of $151.98. The company’s fifty day moving average is $97.57 and its two-hundred day moving average is $112.88. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.94 and a current ratio of 0.97.

Wall Street Analyst Weigh In

DSDVY has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of DSV from a “strong sell” rating to a “hold” rating in a research report on Monday, September 28th. Morgan Stanley reaffirmed an “overweight” rating on shares of DSV in a report on Thursday, July 23rd. Citigroup reiterated a “buy” rating on shares of DSV in a research report on Thursday, July 9th. Royal Bank Of Canada assumed coverage on DSV in a research note on Thursday, October 15th. They set a “hold” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DSV in a research note on Thursday, July 16th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About DSV

DSV A/S is a Denmark-based global transport and logistics company. It provides freight forwarding and supply chain services across road, air and sea transportation, as well as contract logistics, warehousing, customs clearance and specialized project transportation.

The company serves businesses across a wide range of industries, including automotive, healthcare, technology, retail and manufacturing. Its international network supports the movement, storage and management of goods in markets throughout Europe, North and South America, Asia-Pacific, the Middle East and Africa.

DSV traces its history to 1976, when it was established in Denmark as a group of road-haulage companies.