DSV A/S (OTCMKTS:DSDVY) Reaches New 52-Week High – Here’s What Happened

DSV A/S (OTCMKTS:DSDVY)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $120.70 and last traded at $120.37, with a volume of 34554 shares. The stock had previously closed at $120.17.

Analysts Set New Price Targets

DSDVY has been the subject of several research reports. Citigroup downgraded shares of DSV A/S from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 7th. The Goldman Sachs Group upgraded DSV A/S to a “strong-buy” rating in a research report on Friday, May 2nd.

DSV A/S Stock Performance

The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.18 and a current ratio of 1.27. The company has a market capitalization of $57.88 billion, a price-to-earnings ratio of 35.20, a P/E/G ratio of 1.28 and a beta of 1.23. The firm has a 50-day simple moving average of $100.67 and a two-hundred day simple moving average of $103.05.

DSV A/S (OTCMKTS:DSDVY) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.83 by $0.03. The business had revenue of $6.35 billion during the quarter, compared to analyst estimates of $40.57 billion. DSV A/S had a net margin of 6.06% and a return on equity of 15.61%. On average, sell-side analysts anticipate that DSV A/S will post 3.97 EPS for the current fiscal year.

DSV A/S Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, April 9th. Stockholders of record on Monday, March 24th were given a dividend of $0.4915 per share. The ex-dividend date was Monday, March 24th. This is a positive change from DSV A/S’s previous dividend of $0.33. DSV A/S’s dividend payout ratio is currently 8.72%.

About DSV A/S

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.