DSV (DSDVY) Projected to Announce Earnings on Thursday

DSV (OTCMKTS:DSDVY) is expected to be releasing its results before the market opens on Thursday, July 30th. Analysts expect DSV to announce earnings of $1.20 per share and revenue of $11.3964 billion for the quarter.

DSV (OTCMKTS:DSDVY) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.15. The business had revenue of $11.03 billion for the quarter, compared to analysts’ expectations of $10.89 billion. DSV had a return on equity of 9.38% and a net margin of 2.41%. On average, analysts expect DSV to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

DSV Stock Down 3.2%

OTCMKTS DSDVY opened at $106.06 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.94 and a current ratio of 0.97. The company has a market capitalization of $51.00 billion, a P/E ratio of 33.67, a P/E/G ratio of 0.86 and a beta of 1.19. DSV has a one year low of $97.90 and a one year high of $151.98. The stock has a 50 day moving average price of $121.52 and a 200-day moving average price of $126.92.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on DSDVY shares. Citigroup reaffirmed a “buy” rating on shares of DSV in a research note on Thursday, July 9th. Morgan Stanley reissued an “overweight” rating on shares of DSV in a research note on Thursday. Zacks Research downgraded shares of DSV from a “hold” rating to a “strong sell” rating in a report on Friday, June 19th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a report on Thursday, July 16th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, DSV has an average rating of “Moderate Buy”.

About DSV

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.