DSV (OTCMKTS:DSDVY) Trading Down 1% - Here's Why

Key Points

• DSV shares declined by 1%, trading at $102.55 after reaching a low of $102.40, with trading volume down 49% from the average.
• Analysts have mixed ratings for DSV, with Zacks Research recently downgrading it to a "strong sell", while Barclays maintains an "overweight" rating.
• The company reported $0.99 EPS in its last quarterly earnings, missing the estimate of $1.03, with revenue significantly below projections at $9.51 billion.

DSV (OTCMKTS:DSDVY - Get Free Report) shares dropped 1% during mid-day trading on Tuesday . The stock traded as low as $102.40 and last traded at $102.55. Approximately 28,892 shares traded hands during trading, a decline of 49% from the average daily volume of 57,112 shares. The stock had previously closed at $103.54.

Analyst Upgrades and Downgrades

DSDVY has been the subject of several recent research reports. Zacks Research lowered shares of DSV from a "hold" rating to a "strong sell" rating in a research report on Friday, September 19th. Barclays restated an "overweight" rating on shares of DSV in a research report on Monday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, DSV currently has a consensus rating of "Moderate Buy".

DSV Stock Down 1.0%

The firm has a market cap of $49.32 billion, a price-to-earnings ratio of 31.46, a P/E/G ratio of 1.28 and a beta of 1.20. The firm's fifty day moving average is $109.13 and its two-hundred day moving average is $110.20. 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 data on Thursday, July 31st. The company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.04). DSV had a return on equity of 11.89% and a net margin of 5.29%.The company had revenue of $9.51 billion during the quarter, compared to analyst estimates of $61.96 billion. On average, sell-side analysts expect 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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