DSV (OTCMKTS:DSDVY) Shares Down 1.3% - Here's Why

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.

Shares of DSV (OTCMKTS:DSDVY - Get Free Report) were down 1.3% during 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.

Wall Street Analyst Weigh In

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

DSV Price Performance

The stock has a market capitalization of $54.50 billion, a PE ratio of 34.76, a P/E/G ratio of 1.41 and a beta of 1.21. The firm's 50 day simple moving average is $118.14 and its 200 day simple moving average is $109.65. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.25 and a quick ratio of 3.13.

DSV (OTCMKTS:DSDVY - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.99 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 return on equity of 11.89% and a net margin of 5.29%. As a group, equities analysts forecast that DSV will post 3.97 EPS for the current fiscal year.

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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