DSV (OTCMKTS:DSDVY) Shares Gap Down - Here's What Happened

Key Points

• DSV shares gapped down — after closing at $123.07 the stock opened at $118.28 and last traded at $115.66 on a volume of 10,581 shares.
• Earnings beat and analyst stance: DSV reported Q1 EPS of $0.92 (vs. $0.77 est.) and revenue of $11.03B (vs. $10.89B), and the consensus rating is a "Moderate Buy" (four Buys, one Hold).

DSV (OTCMKTS:DSDVY - Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $123.07, but opened at $118.28. DSV shares last traded at $115.66, with a volume of 10,581 shares.

Analyst Upgrades and Downgrades

DSDVY has been the subject of a number of research reports. Morgan Stanley reiterated an "overweight" rating on shares of DSV in a report on Friday, February 6th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of DSV in a report on Thursday, January 15th. Finally, Citigroup reiterated a "buy" rating on shares of DSV in a report on Friday. Four investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy".

DSV Price Performance

The company has a market capitalization of $54.13 billion, a PE ratio of 36.43, a PEG ratio of 0.86 and a beta of 1.19. The firm has a fifty day moving average of $126.14 and a two-hundred day moving average of $124.42. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 0.48.

DSV (OTCMKTS:DSDVY - Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.15. The company had revenue of $11.03 billion during the quarter, compared to analysts' expectations of $10.89 billion. DSV had a return on equity of 9.45% and a net margin of 2.55%. Research analysts anticipate that DSV will post 5.23 EPS for the current fiscal year.

DSV Company Profile

DSV A/S OTCMKTS: DSDVY is a Danish global transport and logistics company that provides end-to-end supply chain solutions to businesses across a wide range of industries. The firm's core services include road transport, air freight, ocean freight, freight forwarding, contract logistics and warehousing, together with customs clearance, distribution and value‑added services designed to support complex international supply chains.

Founded in the mid-1970s in Denmark, DSV has grown through a mix of organic expansion and strategic acquisitions, notably strengthening its global freight and forwarding capabilities through transactions such as the acquisitions of UTi Worldwide and Panalpina.

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