DSV (OTCMKTS:DSDVY) Trading Down 1.3% - Here's What Happened

Key Points

• DSV's shares decreased by 1.3% during trading, closing at $113.33, with a significant drop in trading volume compared to the average.
• A range of analysts have provided mixed ratings on DSV, with Barclays maintaining an "overweight" rating while Citigroup downgraded it to "hold." Overall, the stock has a consensus rating of "Buy."
• In its latest quarterly earnings, DSV reported a miss in EPS at $0.99 compared to estimates of $1.03, alongside revenues of $9.51 billion falling short of analysts' expectations.

DSV (OTCMKTS:DSDVY - Get Free Report) was down 1.3% during mid-day trading on Monday . The company traded as low as $113.33 and last traded at $113.33. Approximately 31,047 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 65,042 shares. The stock had previously closed at $114.84.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. The Goldman Sachs Group raised shares of DSV to a "strong-buy" rating in a research note on Friday, May 2nd. Citigroup lowered DSV from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. Finally, Barclays reiterated an "overweight" rating on shares of DSV in a report on Monday, August 4th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, DSV presently has a consensus rating of "Buy".

DSV Stock Down 1.7%

The company has a current ratio of 3.25, a quick ratio of 3.13 and a debt-to-equity ratio of 0.53. The firm has a market capitalization of $53.34 billion, a P/E ratio of 34.02, a P/E/G ratio of 1.39 and a beta of 1.21. The stock's 50-day simple moving average is $117.56 and its 200-day simple moving average is $109.87.

DSV (OTCMKTS:DSDVY - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.04). The business had revenue of $9.51 billion for the quarter, compared to analysts' expectations of $61.96 billion. DSV had a net margin of 5.29% and a return on equity of 11.89%. As a group, research analysts predict that DSV will post 3.97 earnings per share for the current fiscal year.

DSV Company Profile

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.