ASV Holdings Inc (NASDAQ:ASV) – Research analysts at Barrington Research raised their Q4 2017 EPS estimates for ASV in a report released on Tuesday. Barrington Research analyst M. Gall now expects that the company will post earnings per share of $0.07 for the quarter, up from their previous forecast of $0.06. Barrington Research has a “Outperform” rating and a $11.25 price target on the stock.
Separately, Zacks Investment Research lowered ASV from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd.
ASV (NASDAQ:ASV) opened at $8.00 on Thursday. The company has a quick ratio of 0.79, a current ratio of 1.91 and a debt-to-equity ratio of 0.35. ASV has a 52-week low of $7.23 and a 52-week high of $10.80.
ASV (NASDAQ:ASV) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01). ASV had a negative return on equity of 0.78% and a net margin of 0.33%.
Institutional investors and hedge funds have recently made changes to their positions in the business. Gilder Gagnon Howe & Co. LLC raised its position in shares of ASV by 28.4% in the 3rd quarter. Gilder Gagnon Howe & Co. LLC now owns 1,180,515 shares of the company’s stock valued at $9,598,000 after purchasing an additional 261,017 shares in the last quarter. Royce & Associates LP raised its position in shares of ASV by 8.5% in the 3rd quarter. Royce & Associates LP now owns 150,790 shares of the company’s stock valued at $1,230,000 after purchasing an additional 11,800 shares in the last quarter. Finally, Goldman Sachs Group Inc. acquired a new position in shares of ASV in the 2nd quarter valued at approximately $182,000. 41.22% of the stock is currently owned by institutional investors.
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ASV Holdings, Inc (ASV) is engaged in designing and manufacturing a range of compact track loader (CTL) and skid steer loader (SSL) equipment for construction, agricultural and forestry industries. The Company manufactures Posi-Track, rubber-tracked CTLs with multi-level suspension. CTLs are compact tracked vehicles with lift arms that functions in wet, muddy, snowy or harsh conditions and where there are slopes and grades, such as in a construction, agriculture or forestry environment.
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