AB Volvo (OTCMKTS:VLVLY) Given Consensus Recommendation of “Moderate Buy” by Analysts

AB Volvo (OTCMKTS:VLVLY) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company.

VLVLY has been the topic of several recent research reports. Royal Bank Of Canada upgraded AB Volvo from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 15th. Barclays lowered AB Volvo from an “equal weight” rating to an “underweight” rating in a report on Tuesday, March 25th. Sanford C. Bernstein initiated coverage on AB Volvo in a report on Tuesday, April 1st. They set an “underperform” rating on the stock. Finally, UBS Group upgraded AB Volvo from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 26th.

AB Volvo Price Performance

VLVLY opened at $27.49 on Friday. The stock has a market cap of $55.90 billion, a price-to-earnings ratio of 12.85, a PEG ratio of 3.08 and a beta of 1.20. AB Volvo has a 1 year low of $22.55 and a 1 year high of $33.33. The company has a current ratio of 1.32, a quick ratio of 1.04 and a debt-to-equity ratio of 0.79. The stock has a fifty day moving average price of $27.40 and a 200 day moving average price of $27.56.

AB Volvo (OTCMKTS:VLVLY) last released its quarterly earnings data on Wednesday, April 23rd. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.10). The firm had revenue of $12.79 billion for the quarter, compared to analyst estimates of $131.15 billion. AB Volvo had a net margin of 8.93% and a return on equity of 24.36%. Analysts forecast that AB Volvo will post 2.38 EPS for the current fiscal year.

AB Volvo 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.