DSV A/S (OTCMKTS:DSDVY) Upgraded by The Goldman Sachs Group to Strong-Buy Rating

The Goldman Sachs Group upgraded shares of DSV A/S (OTCMKTS:DSDVY - Free Report) to a strong-buy rating in a research note issued to investors on Friday morning,Zacks.com reports.

DSV A/S Stock Down 0.8 %

DSDVY stock traded down $0.93 during mid-day trading on Friday, hitting $112.65. The stock had a trading volume of 631,958 shares, compared to its average volume of 100,977. The stock has a market capitalization of $54.17 billion, a price-to-earnings ratio of 32.94, a PEG ratio of 1.28 and a beta of 1.23. The company has a current ratio of 1.27, a quick ratio of 1.18 and a debt-to-equity ratio of 0.33. DSV A/S has a 1-year low of $72.79 and a 1-year high of $115.75. The company has a fifty day moving average of $98.00 and a 200 day moving average of $102.63.

DSV A/S (OTCMKTS:DSDVY - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. DSV A/S had a net margin of 6.06% and a return on equity of 15.61%. The business had revenue of $6.35 billion during the quarter, compared to analyst estimates of $40.57 billion. On average, equities analysts expect that DSV A/S will post 3.97 EPS for the current fiscal year.

DSV A/S Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, April 9th. Shareholders of record on Monday, March 24th were given a $0.4915 dividend. This is an increase from DSV A/S's previous dividend of $0.33. The ex-dividend date was Monday, March 24th. DSV A/S's payout ratio is currently 8.72%.

About DSV A/S

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.