ASV Holdings Inc (NASDAQ:ASV) has earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating. ASV’s rating score has declined by 200% from three months ago as a result of a number of analysts’ ratings changes.
Zacks has also assigned ASV an industry rank of 223 out of 256 based on the ratings given to related companies.
Several analysts have issued reports on the stock. Barrington Research reaffirmed a “hold” rating on shares of ASV in a research report on Monday, August 5th. ValuEngine raised ASV from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 27th. Finally, Zacks Investment Research cut ASV from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 7th.
Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of ASV by 345.6% during the second quarter. Vanguard Group Inc. now owns 236,393 shares of the company’s stock valued at $1,619,000 after purchasing an additional 183,338 shares during the period. Gabelli Funds LLC bought a new position in ASV during the 2nd quarter worth $632,000. Pacific Ridge Capital Partners LLC increased its stake in ASV by 18.3% during the 1st quarter. Pacific Ridge Capital Partners LLC now owns 578,128 shares of the company’s stock worth $1,590,000 after acquiring an additional 89,281 shares during the period. S. Muoio & CO. LLC bought a new position in ASV during the 2nd quarter worth $498,000. Finally, Shufro Rose & Co. LLC increased its stake in ASV by 27.7% during the 1st quarter. Shufro Rose & Co. LLC now owns 146,867 shares of the company’s stock worth $404,000 after acquiring an additional 31,900 shares during the period. Institutional investors own 38.30% of the company’s stock.
Shares of ASV traded down $0.04 on Wednesday, hitting $6.99. 31,100 shares of the stock traded hands, compared to its average volume of 24,351. The company has a market capitalization of $69.47 million, a PE ratio of 58.25 and a beta of 5.85. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.82 and a current ratio of 2.48. The business has a 50 day simple moving average of $6.96 and a 200 day simple moving average of $3.83. ASV has a one year low of $1.46 and a one year high of $7.39.
ASV (NASDAQ:ASV) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.01). ASV had a negative net margin of 25.62% and a positive return on equity of 0.33%. The firm had revenue of $36.02 million for the quarter, compared to analyst estimates of $34.09 million. On average, equities analysts expect that ASV will post 0.16 earnings per share for the current year.
ASV Company Profile
ASV Holdings, Inc designs and manufactures compact construction equipment in North America, Australia, and New Zealand. It offers compact track loader and skid steer loader equipment under the ASV and Terex brands. The company also offers private label original equipment manufacturing services; and pre-and post-sale dealer support, after-sale technical support, and replacement parts.
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