DSV (OTCMKTS:DSDVY) Releases Earnings Results, Beats Estimates By $0.15 EPS

Key Points

• DSV reported earnings of $1.24 per share, exceeding analysts' expectations of $1.09 by $0.15.
• The company's stock rose 7% on the day to $110.51, with a market capitalization of $53.14 billion.
• Analyst ratings for DSV are generally positive, with a consensus rating of "Buy" from multiple research firms.

DSV (OTCMKTS:DSDVY - Get Free Report) issued its earnings results on Thursday. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.09 by $0.15, Zacks reports. DSV had a return on equity of 11.89% and a net margin of 5.29%.

DSV Stock Performance

Shares of DSV stock traded up $7.63 during trading hours on Thursday, hitting $110.51. 16,480 shares of the company's stock traded hands, compared to its average volume of 78,774. DSV has a 12-month low of $77.78 and a 12-month high of $125.58. The stock has a market capitalization of $53.14 billion, a price-to-earnings ratio of 33.90, a PEG ratio of 1.34 and a beta of 1.20. The company has a fifty day simple moving average of $106.37 and a 200-day simple moving average of $110.48. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.25 and a quick ratio of 3.13.

Wall Street Analyst Weigh In

A number of research firms recently commented on DSDVY. Zacks Research raised DSV from a "strong sell" rating to a "hold" rating in a research report on Monday. Barclays reissued an "overweight" rating on shares of DSV in a research report on Monday, August 4th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, DSV presently has a consensus rating of "Buy".

About DSV

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.

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