Barrington Research set a $5.00 target price on ASV (NASDAQ:ASV) in a research note published on Friday morning, The Fly reports. The brokerage currently has a buy rating on the stock.
ASV has been the subject of a number of other research reports. ValuEngine raised shares of ASV from a sell rating to a hold rating in a report on Friday, July 20th. Roth Capital set a $9.00 price objective on shares of ASV and gave the company a buy rating in a report on Saturday, August 11th. Zacks Investment Research raised shares of ASV from a sell rating to a hold rating in a report on Monday, October 15th. Finally, Seaport Global Securities set a $9.00 price objective on shares of ASV and gave the company a buy rating in a report on Monday, August 13th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of $8.06.
NASDAQ ASV opened at $3.15 on Friday. The company has a quick ratio of 0.80, a current ratio of 2.21 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $31.76 million, a price-to-earnings ratio of 14.82 and a beta of 1.60. ASV has a 12-month low of $2.93 and a 12-month high of $10.80.
ASV (NASDAQ:ASV) last posted its quarterly earnings data on Thursday, November 1st. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.05. The firm had revenue of $32.78 million during the quarter, compared to the consensus estimate of $34.16 million. ASV had a negative net margin of 0.15% and a positive return on equity of 2.30%. On average, research analysts forecast that ASV will post 0.16 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Shufro Rose & Co. LLC raised its position in shares of ASV by 51.7% in the 2nd quarter. Shufro Rose & Co. LLC now owns 132,000 shares of the company’s stock valued at $764,000 after buying an additional 45,000 shares in the last quarter. First Wilshire Securities Management Inc. raised its position in shares of ASV by 10.7% in the 2nd quarter. First Wilshire Securities Management Inc. now owns 576,519 shares of the company’s stock valued at $3,338,000 after buying an additional 55,709 shares in the last quarter. Finally, Royce & Associates LP raised its position in shares of ASV by 81.4% in the 2nd quarter. Royce & Associates LP now owns 273,590 shares of the company’s stock valued at $1,584,000 after buying an additional 122,800 shares in the last quarter. 47.20% of the stock is owned by hedge funds and other institutional investors.
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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