AB Volvo (OTCMKTS:VLVLY) Given “Hold” Rating at Kepler Capital Markets

Kepler Capital Markets reiterated their hold rating on shares of AB Volvo (OTCMKTS:VLVLY) in a report released on Friday morning, MarketBeat Ratings reports.

A number of other brokerages have also issued reports on VLVLY. The Goldman Sachs Group raised AB Volvo from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft downgraded AB Volvo from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. UBS Group cut shares of AB Volvo from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday. Citigroup upgraded shares of AB Volvo from a “hold” rating to a “strong-buy” rating in a report on Friday, December 5th. Finally, Sanford C. Bernstein upgraded shares of AB Volvo from a “strong sell” rating to a “hold” rating in a research note on Monday, October 13th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, AB Volvo currently has an average rating of “Hold”.

AB Volvo Price Performance

VLVLY stock opened at $33.89 on Friday. The stock has a market cap of $68.91 billion, a PE ratio of 16.69, a P/E/G ratio of 5.75 and a beta of 1.13. AB Volvo has a 12 month low of $22.55 and a 12 month high of $34.22. The company has a 50-day moving average price of $30.98 and a 200 day moving average price of $29.58. The company has a current ratio of 1.12, a quick ratio of 0.85 and a debt-to-equity ratio of 0.79.

AB Volvo (OTCMKTS:VLVLY) last posted its quarterly earnings data on Friday, October 17th. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.13). AB Volvo had a return on equity of 22.66% and a net margin of 8.47%.The firm had revenue of $11.75 billion during the quarter, compared to analysts’ expectations of $115.79 billion. Equities research analysts anticipate that AB Volvo will post 2.38 earnings per share for the current year.

About AB Volvo

AB Volvo (Volvo Group) is a Swedish multinational manufacturing company headquartered in Gothenburg. The company designs, manufactures and sells a broad range of commercial vehicles and related systems, including heavy- and medium-duty trucks, buses, and construction equipment. In addition to vehicles and machinery, Volvo supplies marine and industrial power systems through its Volvo Penta division and offers parts, service, telematics and financing solutions to commercial customers worldwide.

Key product and business lines include Volvo Trucks and Mack-branded heavy trucks, a global bus and coach offering, Volvo Construction Equipment, and power systems for marine and industrial applications.