AB Volvo (publ) (OTCMKTS:VLVLY) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of AB Volvo (publ) (OTCMKTS:VLVLY - Get Free Report) have been given a consensus rating of "Moderate Buy" by the eight ratings firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and two have issued a strong buy rating on the company.

VLVLY has been the subject of several research reports. UBS Group raised shares of AB Volvo (publ) from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 26th. Royal Bank of Canada upgraded shares of AB Volvo (publ) from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, April 15th. Sanford C. Bernstein began coverage on AB Volvo (publ) in a research note on Tuesday, April 1st. They issued an "underperform" rating for the company. Finally, Barclays downgraded AB Volvo (publ) from an "equal weight" rating to an "underweight" rating in a research report on Tuesday, March 25th.

AB Volvo (publ) Stock Up 3.2 %

VLVLY opened at $27.71 on Friday. The stock has a market capitalization of $56.34 billion, a price-to-earnings ratio of 11.79 and a beta of 1.19. The firm has a 50 day moving average price of $28.57 and a 200-day moving average price of $26.98. AB Volvo has a twelve month low of $22.55 and a twelve month high of $33.33. The company has a quick ratio of 0.97, a current ratio of 1.28 and a debt-to-equity ratio of 0.81.

AB Volvo (publ) (OTCMKTS:VLVLY - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.10). AB Volvo (publ) had a net margin of 9.57% and a return on equity of 27.91%. The firm had revenue of $12.79 billion for the quarter, compared to the consensus estimate of $131.15 billion. Equities research analysts forecast that AB Volvo will post 2.38 earnings per share for the current year.

AB Volvo (publ) 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.

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