AB Volvo (OTCMKTS:VLVLY - Free Report) - Research analysts at Erste Group Bank dropped their FY2026 earnings per share (EPS) estimates for shares of AB Volvo in a research note issued to investors on Thursday, October 8th. Erste Group Bank analyst H. Engel now expects that the company will post earnings of $2.15 per share for the year, down from their prior forecast of $2.22. Erste Group Bank has a "Strong-Buy" rating on the stock. The consensus estimate for AB Volvo's current full-year earnings is $2.15 per share.
Separately, Zacks Research lowered AB Volvo from a "hold" rating to a "strong sell" rating in a research report on Monday, October 5th. Four analysts have rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, AB Volvo presently has an average rating of "Moderate Buy".
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AB Volvo Trading Down 0.6%
Shares of AB Volvo stock opened at $31.39 on Tuesday. The stock has a market capitalization of $63.83 billion, a PE ratio of 16.70, a price-to-earnings-growth ratio of 0.74 and a beta of 1.22. AB Volvo has a 52 week low of $26.11 and a 52 week high of $39.62. The stock has a 50 day moving average price of $34.76 and a two-hundred day moving average price of $34.54. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.82 and a current ratio of 1.10.
AB Volvo (OTCMKTS:VLVLY - Get Free Report) last posted its quarterly earnings results on Friday, July 17th. The company reported $0.54 earnings per share for the quarter, hitting analysts' consensus estimates of $0.54. The business had revenue of $13.09 billion for the quarter, compared to the consensus estimate of $12.92 billion. AB Volvo had a return on equity of 20.16% and a net margin of 7.60%.
AB Volvo Company Profile
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AB Volvo, commonly known as the Volvo Group, is a Sweden-based manufacturer of commercial vehicles and related equipment. The company develops and sells heavy-duty trucks under brands including Volvo Trucks, Mack, Renault Trucks and UD Trucks, serving industries such as freight transportation, construction and distribution.
In addition to trucks, Volvo Group provides buses and coaches, construction equipment, and marine and industrial engines. Its offerings are supported by aftermarket services, spare parts, maintenance, repair and fleet-management solutions designed to help customers operate and maintain their vehicles and equipment.
Founded in 1927 and headquartered in Gothenburg, Sweden, AB Volvo serves customers through operations and sales networks across Europe, North America, South America, Asia, Africa and Oceania.
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